TradeVulture

SPY: Lacking Ease of Movement

AMEX:SPY   SPDR S&P 500 ETF
113 2 1
Possible reversal off the 1.27 Fib with swing target of about 194, which was left untested.
Took Sept 199.50 Puts @ 2.07.
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TradeVulture TradeVulture
Covered @ 2.30
For proof: http://puu.sh/bczre/c82780a0c0.png

Will post re-entries.
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