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Tape Reader
06-19-2014, 09:19 PM
Bearish divergence in the S&P.

The cash S&P made a new high. The future (/es) did not. It has been my experience that this is bearish. Anyone else?
Tape Reader
06-19-2014, 10:17 PM
Bearish divergence in the S&P.

The cash S&P made a new high. The future (/es) did not. It has been my experience that this is bearish. Anyone else?

PS. I’m long next Friday SPY puts. If the market is higher next Friday, I lose all.