there have been well over 20 updated 60 minute and 120 min charts on the current SPY short trade so i just posted the first 60 min along with today’s update 120 min chart for reference.  of course, this 60/120 minute target coincided with that daily support level that i posted before the close.  note that i re-named the targets after the initial short but they remain at the same levels.  the original T2 zone was changed to T3 zone and although the odds are increased for a bounce on monday because we closed at this target level, i still favor at least T3 before any meaningful (6%+) or lasting bounce.  i did take a little SSO before the close to partially hedge my short positions but i’m still net short by a fair margin and willing to ride out any bounce, if we get one next week (in which i’ll use to remove the long hedge and add some shorts).  have a great weekend.