SPY in three time frames all pointing to hard down resolution. SPY Long Term SPY Intermediate Term SPY Short Term (30 Minute) "Wait For It," refers to this 30 minute chart, waiting for a hard break of the lower trend line, If and when that occurs the plan is to buy Jan 2024 SPY puts (table below). Alternatively, if the trend line holds, no action need be taken. SPY Jan Puts