MONDAY JAN 5th SPXSPX 500, DailySPREADEX:SPXOdteTRADER26Interesting week ahead! News about Venezuela and capturing Maduro came out Saturday, and definitely this would be negative on the market... Here's how I see the market reaction:- - GOLD/SILVER: spike at the open and then digest the news and cool off - SPX dropping ~0.5 to 6820 premarket and at market open, and might continue the sell of to 6778 level Max and quickly rebound imo as it would give a false break below the uptrend channel on the daily, breaking below 6778 would take us to a bear market which I hardly think would happen So, I would wait the first 15-30 mins or jump into puts, and wait for the market to retest the 6820 and start picking up calls cautiously. Also, it is worth to note that given the high tensions there might be lots of news coming out about the situation so I wouldn't hold on into positions for so long. Targets on the upside: T1: 6865 T2: 6880 T3: 6920 Not an investment advice ! Good luck