One of the SPY sub systems is taking a 3rd entry short at the chose. The trade is for $10K SPXU and 3 SPY Put options with a May 20th expiration and 454 strike price. It also appears that one of the ES systems will be taking a 3rd entry - remember ES/MES closing bar doesn't occur until 5 pm EST.
Remember these are reversion to mean systems, they are mutually exclusive to our subjective technical analysis. The market is uptrending here and these are taking some heat.