SPY technicals are weak/iffy; short-term bounce expected due to mechanical new quarter flows.

by the way the spy is getting a little iffy. I could see why, you know, people are kind of risk down. Yesterday you did get a chance to um manage some of your risk when it uh traded above 76695 and failed to hold it.

But um if you went out short, you know, you just kind of had to know from experience that new month, new quarter usually gets some flows. And there was a selling balance of 12 billion to sell in the last eight minutes of the day. not because you know of macro reasons or this and it was just mechanical.

So, here's a spy. Spies are up 230. It'll be interesting to see, you know, can they hold up?

I did buy some spies after hours from the road because I'm like, that was a crazy sell and balance. I'm going to buy a little bit because that was far and maybe new flows come in. So, that's helping my morning.

Yes. So spies are up $3. Isn't that nice? So I'm happy. I I I I was thinking about it a little last night, you know. Um I don't have time to talk about it, but I have a little bit more risk on than I normally have on with that kind of close, but I knew there was a rebalance or or a sell imbalance and I kind of knew flows coming in, so I gave it a little bit more of the benefit of the doubt.

So, I'm trimming into this. We're going to measure the strength. I want to stack some green days. I want them to add up. I want this fourth quarter to be awesome for you guys.

Um it'll be nice for the spies to kind of re um take back yesterday. If the spies could take back yesterday and burn off this day, that would go a long way.