$SPY Technically, 4hr chart is overbought with RSI at 78.75 Such overbought RSI levels were seen only 4 prior times since Pandemic recovery... 9Nov20 (4.8% correction in next 5 sessions) 12Oct20 (3.5% correction in next 5 sessions) 2Sep20 (8.5% correction in next 8 sessions) 8Jun20 (8% correction in 8 session) Even if I take the least 3.5%, thats 392 target in next 5 session. Holding 406 Put for 7 & 9 Apr
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