Weekend Charts and Chat. 1/2 August, page-14

I am holding a bear call spread 6000 put long with 5700 put short.. AUG expiry.. max payoff at 5700 or below.

I expecting we bounce beyond 6000 again this week... to allow for more shorts but if the bottom falls out then covered either way.

Eventually the bottom will fall out but timing is uncertain so my strategy is to have hooks in the market until the whale bites