I am going to keep this short and sweet. No fluff.

At the beginning of the week I told my subscribers that we are heading into weakness. From there, the SPY dropped 4 points Tuesday to 640. My first objective was to grab gains from the sliding SPY at 635. I was confident it could go to 630 this week. 

My objective was to take profit on shorts was 635 SPY. That was attained Wednesday. My initial thoughts were for lower SPY into Friday. Now I think its 50/50. Either way, I do believe another rally is not far off whether it starts this week or next.  

Thanks,

Joe