We have been monitoring the SPY 510 level for a convincing breakdown that can be used for adding more SPY puts. As is shown below, SPY looks headed to a close well below 510 today. In addition CVNA also is a put candidate as per this past weekend update. Trump's NY trial, global geopolitical turmoil and a slew of bearish charts all support the short side. SPY - Breaking Down CVNA On A Roll
