What's interesting is IWM looks bullish, while SPY appears bearish to me in the short term.
They never make it easy, and with big numbers coming out (GDP, Jobless Claims, Oil/NG inventories, etc.) tomorrow we could see a pop then a drop. Bearish divergence leads me to be bias towards 456 zone in the next 1-5 trading days similar to May 4/5 price action.
I'm hedged short with SPY puts, with other longs in the longer term (DEC and 2022 Opex) looking to go Net long after indicators show bullish confluence.
Komen
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Gap down to 457 , let's see if bears can take it lower.
Looking for another flush to get long until the end of the year.