As of 1:05 PM with YMu8 @ 11284 (and a recent low of 11270)
The put/call has moved up to 1.00 indicating a more neutral, less bearish environment.
Cover shorts from 11262 earlier low + 50 pts, shorted at 11,312 for a modest profit of 30 pts.
I am tempted to go long, but will wait 1 hour to see how the market absorbs this put volume.
11,274 last.
Tim
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