That would put us in b of 4, pulling back early Monday, and then rallying again into the release of the FOMC notes late Tuesday. I propose that those FOMC minutes, plus the lack of POMO on Wednesday, will send us lower late in the week to SPX 1527 and the bottom edge of the channel.
I had a bid yesterday in the AH for some 1-day mayfly SPY puts. It missed by .01 and I just ran out of time in the 15-minute AH options session. If I had nabbed those, however, I hope I would have had the sense to cover them at the open this morning. The melt-up on days like this is just so evil. Never mind anyone who tried to short the hole on that opening. UVXY seemed like the tell on this today, up by only a moderate amount, and then withering on the vine.