SPX500 - Nearly 9 months sitting on top !! Last 2 time this happened and markets collapsed !! Breach of Weekly Trendline support !! Rising Triangle Breach !! MACD Crossover and is now falling ! RSI also falling now !!
!! Strategy: Accumulate Short OTM 2000 PE Options of SPX of Nov/Dec 15 !!
can you explain please? OTM? PE?