Here is the current SPY hourly chart...
Click for larger... Browser back.
Notice that the downtrend has been broken.
I took the loss in my short positions (article below) and took a few hours off to mourn the loss of my invested capital.
Upon returning, I got to work and recouped some of the loss by daytrading a few short interest stocks.
Market volatility is picking up, therefore, this would be a good time to consider daytrading. Do be careful though, three updays cry out for a profit taking pull-back.
15% of the earnings reports are due this week.... the remainder next week. Be cautious!