Macks_MoneyTree

5/10 - SPY: $405 Target

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Love this setup, clear downtrend, swept the high and now we should be headed towards $404. I ended up grabbing Friday 410 puts but I am kinda scared of my expiration. Even if we don't hit 404 I really like our chances of filling the gap to $405.20 this week.
Comment:
I've since updated this idea but still in play!

Money really does grow on trees.
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