based on BP and SPX weekly, this drop should test 2043/2055 area once it broke down through 2080/2094, bought July SPY 208 calls when SPY at 206.10.(above the recent low point). But the close of 6/30 was positive, which is not a good sign for BULL.
07/01, the market opened high, sold SPY calls.
at 11:43AMCDT, the market is down from it's high today.
Is SPX going to close lowest this week at 2055 or highest this week at 2090?
SPX at 2071.97 when writing......