Yellow Light!  Warning for the day.  We were closed out of our SPY short with a small profit of .03. Our Put Option was taken as well with a loss of .07.  The market is in a battle over the trend.  You have two options (if you did not get in long see bottom of the blog):

Option 1. Wait until there is a Green Light and a directions in the market the take the pull back bounce of the PP in that direction, long or short.
Option 2. Go long as I did today.  Long in the SPY at 176.29. Stop at 175.87.  Option long in a Dec. 76 Call Option in at 3.81 with a stop at 3.65

15 Min

Daily, we did bounce off the support and it looks like we have a upper target of 178.43

Options traders, Reversed and bought a Dec. 76 Call Option in at 3.81 with a stop at 3.65

For those of you who missed the long and want to get into the market you may do so tomorrow.  Wait for the market to come back to the Primary Pivot and go long.  Wait for a bounce with a higher bar close of the previous bar on the 15 min.  Then go long.  Below is and example.