PumpCTrader

Testing Mondays Range - Play Breakout

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Looking at market structure and its range established Monday, Upside target was hit. May be gunning for the downside target now. We are sideways until she picks a direction. Likely a small bounce to test Monday's high as new wall then attempt to take the lowside target. Im liking puts at 413's retest and denial or puts at 411.09 support loss. GLA
Trade active:
Entry here on the puts GLA
Trade closed: target reached:
looking to lock in gains this morning at open from put entry at 414 yesterday. this played out VERY nicely

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