Lowest Reasonable Target For SPY Pull-back

My most reasonable and honest assumption is that the top is not until the puts expire...as for which month is your guess...

 

I didn't vote. I couldn't vote because markets are generally not reasonable.

 

projected SPY range for the coming week: 123-119 .

 

... last year's low

 

it is only midday Tue and my lower target has already been met, wow! this is going too fast i think.

 

the targets in the poll are still unfilled even after the drop today

 

117 was reached today, many more targets left....

 

I think they may go lower. But i`m sending a few salvos over the bow here to see if they sink or run...

 

still plenty of gaps to fill on the downside

 

By the way Shortie, before we reach the lowest reasonable target it won't be called a "pullback" anymore, it will be a "correction."