The initial trailing stop condition for our SPY call trade initiated last Monday was met at 2:30 PM today. In this weekend’s report I recommended that that the trade be closed if the S&P 500 was below 2960, beginning at 2:30 PM today. That condition was met. The option was trading at $7.03 at that time. The initial price at the time the buy condition was met was $4.25. That recommendation is now closed.
I will send a private email bulletin to subscribers in the event of a new trade recommendation during the week, prior to the regular, end of week report.
Technical Trader subscribers, click here to download Saturday’s complete report.
Try Lee Adler’s Technical Trader and Liquidity Trader risk free for 90 days! First time subscribers, sign up before 6:00 PM Pacific Time on Monday, June 24 and get the first month free. If you cancel within 30 days, you will not be charged. 90 day money back guarantee period also applies from the intial signup date. This offer applies to first time subscribers only.
