$SPY : Red or Green tomorrow?

Just watch bond prices, that's what determined all the drops yesterday and today. If bond prices are holding or going up tomorrow then equities will go up. If they sink further to new lows equities will go down. I was watching them all day today, they started dropping in the morning while equities were struggling to go up on positive US economic data, and that pulled equities red for a few minutes, then they stopped dropping for a bit and equities rebounded. Then the big drop came that put us at new bonds lows. I watched that waiting for them to stop falling and simultaneously tracking SPY lvl 2 data, when they stopped falling the bid/ask on SPY evened back out at the same time so I sold most of my puts and opened a few calls. So whether stocks will see new lows tomorrow will be determined by whether bonds test their lows again tomorrow

www.cnbc.com/bonds

/r/wallstreetbets Thread