The $SPY like any other ETF has taken a big hit on the news from across the blue ocean. The #Brexit exit came as a surprise and probably the market was not discounting these results as such.

In Any case we were prepared and have had hedges in place, our $SPY 206 Puts that we took last week in the chat room are up more than 330% in profits, along with our other hedges, we will be booking those profits as these calls expire this week.

Below are the charts on some targets on $ES_F

$ES_F Weekly

And Here is the reason why Britain joined the EU back in 1973 🙂

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