1. In today’s (Tues., May 12) live S&P messenger meeting it was noted that the June S&P (then trading at approximately $2093/$94 was expected to decline and retest the $2089 level.
2. The market first rallied back to $2096 before reversing and dropping lower to attempt the $2089.00 downside target (swing low, $2090.00). This completes the trade. Will message any further entry or indication in the June S&P.