alleytrader

Early unconfirmed long position.In $SPY

Long
alleytrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The confluence at the lower lever and the 1 hour chart reacting at that level has me buy a very small low risk call option trade.
Comment:
I started small risk trade. but the primary idea has not triggered yet.
Comment:
There is a lower support area we look to be gunning for. will keep a close eye and re post when trade is taken
Comment:
I did take the long, but it happened so fast with little spot to toss out the idea from, I do not try and give the trade but more of what i am looking at so hope it at least had someone looking long.

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