Taking 1/2 SPY Put (LONG)

This is based on short term signals and leading indicators, I think there's a chance for some more upside based on the EUR/USD, but I'd much rather have some position in place right now.

I'll show you leading indicators which many are supporting a downside move, most importantly credit.

I'll also show you Futures, especially currencies.

I'll be looking for May 18 or 24th expiration and a few dollars in the money.