if it were below 680 then no questions need be raised. However, since the market has made its first step into an up trend and comparing August 28, it could flip right back. But the economic condition was different then. The glimmer of hope from FOMC next week probably helps to slow the speed of the decline. Could not help but took profits at the open then reentered Puts later. Tomorrow watch 685, 684 and 681. If it closes below 680 especially 676 we are looking at closing the gap.
2c
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