SPY & IWM Breaking Down Any break below SPY 430 triggers additional SPY Puts at least 5 pts out-of-the-money (i.e., 425 or lower) IWM We zeroed in on IWM in a special PRO Service Alert this morning as it is again leading the market down. The Premium Service established a position in the Nov 17th $170P on Sep 29th @ 2.28. It's trading just above $3 today. This chart is forecasting a drop into the 140's which would amount to a ten-bagger from original entry. Do you hear that? "Yea, It sounds like someone is pounding the table."
