Replies to post #263889 on SPDR S&P 500 (SPY)

[NetNeutral]

Kewl-ish chart, well, EVER...…


Simply added 100 points to the QQQ Closing price and charted along side of Spy to see the variance in price! As you can see SPY had a High of 286.63(1/26)and the Q's closed at 170.93(1/26), nearly a 16.00 dolla-variance, quite unusual and DOWN Spy went to get back in sync with da-Q's??

The 2017 year was Very unusual as Spy and Q's often Kiss-n-Tell many times during the Year and ANYTIME Q's climb ABOVE Spy a epic Failure follows for BOTH and down they go??


Just sharing as Spy and Q's kissed on 5/29 nearly closing at 269.00 together B4 launching the latest JAM JOB Campaign???

[NetNeutral]

Alrighty then, Spy is in deed threatening to GAP Above the recent HOD, 274.25(posted 5/22), and we have to respect the Break-Out and possi-BULL RUN...

Hence, we'll be adding 275 6/6 calls on the Open and if Spy attempts to Fill the GAP at 273.60 we'll add 275 6/8 calls as well???

The chart below is very Simple, bottom at 259.05 on 5/3, run up into the 273/274 Zone(14.00 gain), bump up against said Zone for FOUR weeks, then Break-Out and run up 14.00 more to tag 287/288!!??

This isn't Rocket Science ALL, just a New ATHigh on the Horizon just in time for 2nd QTR earnings to start End of June and for some REALLY nice QTR-ly statements to be sent out to some happy account holders, Deeze Boyz r Good, Really Good!!

Good trades ALL...






6/8
267 putts at 0.75, Short(Q x 16)

YTD Gains/-Loss, 1039.65 gain
Wk ending 6/1, 108.00 gain
Wk Ending 5/25, 82.40 gain
Wk Ending 5/18, 6.89 gain
Wk Ending 05/11, 8.16 gain
Wk Ending 05/04, 71.36 gain
Wk Ending 04/27, -4.80 loss
Wk Ending 04/20, 79.52 gain
WK Ending 04/13, -83.60 loss
Wk Ending 04/06, 198.62 gain
Wk Ending 03/29, 74.80 gain
Wk Ending 03/23, 74.72 gain
Wk Ending 03/16, -43.72 loss
Wk Ending 03/09, 21.30 gain
Wk Ending 02/23, 138.72 gain
Wk Ending 02/16, -49.85 loss
Wk Ending 02/09, 309.53 gain
Wk Ending 02/02, -10.62 loss
Wk Ending 01/26, 24.82 gain
Wk Ending 01/19, 6.27 gain
Wk Ending 01/12, 27.51 gain
Wk Ending 01/05, -3.81 loss
Wk Ending 12/29, 4.03 gain