SPY Short term targets with breakouta to the upside 205 then 208

Mar 14, 2016

Looks like SPY wants to go to 208 based on measuring height of double bottom coil and trend line at 208
If SPY breaks out above 203 to the upside 205 then 208 could be targets

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topandbottomtradesignals.net

Apr 13, 2016

Note

SPY getting close to 208 target
If SPY gets above 208 the 210 is a possibility if the trend continues.
Might pause and go sideways for a white then continue higher.
Nice rally and profit opportunities for weekly options along the way.

RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.

topandbottomtradesignals.net

Apr 13, 2016

Note

Made it to 208
Friday can be a down day after an up week so I think 208 should be resistance
heading toward the weekend.
I will stick with the short position for tomorrow and Friday.

Apr 19, 2016

Note

Made it to 210
Should pause at 210 but that would be to logical.

Apr 19, 2016

Note

Just FYI
The SPY 210 P bought at 210 rose 50% in the last hour
just saying.

Apr 20, 2016

Note

213 is possible

Apr 22, 2016

Note

211 was a good place to stop
Thursday and Friday are following the script as down days
after being up for the first half of the week.
Sideways down from here with momentum topping