Zulu_Kilo

SPY CALLS HERE VERY SHORTLY EXPECTING $401

Long
Zulu_Kilo Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
We are rangebound in the VWAP squeeze, above the 5 day MA with 20 day MA also positive.

Looking for around $395.5 for a long call.

See the video for naked call short term DTE details.
Trade active:
You should already be in your $403 CALL 3/23 DTE positions.
Comment:
Quick update.

While we have dipped a bit further than I wanted to for the backup test. USE $396 as your stop loss. (AQUA LINE BELOW)

Comment:
MOVE STOP LOSS TO $396.25

FROM THIS POINT ONCE WE GET ABOVE THE TRADING RANGE, USE TRAILING STOPS ON EACH LOW THAT IS MADE.

Comment:
Move stop loss to $396.91

Comment:
Take profit on 1/3 of your position and move SL to $397.20
Trade closed: stop reached:
STOP LOSS HIT AT $398.04

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