SPDR S&P 500 (SPY): As expected Spy did have one more up day...

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Re: NetNeutral post# 262625

Tuesday, 05/15/2018 9:12:12 AM

Tuesday, May 15, 2018 9:12:12 AM

As expected Spy did have one more up day on Monday but Waaaaaaay lower prices then we expected, 274.08 was the HOD, and this allows for the back-test of the Yearly OE Pivot, 266.51, by Wednesday??

That said, we do NOT expect this weakness to last more than two days, hence, we'll exit all short plays by the Close on Wednesday and be 100% long going into Thursday's Open??

5/18
273 putts at 2.05, Short(Quad)

274 calls at 1.20, Long(Q x 8)

5/16
270 putts at 1.15, Short(Q x 4)

Good trades ALL...

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