MechanicalTrader13

SPY Bounce going into PPI/CPI

AMEX:SPY   SPDR S&P 500 ETF TRUST
The trend has been a bit of a bounce goinginto theswe reports. Playing this bounce with SPY long, 3 contacts ATM. Have a longer expiry 21 OCT just in case... Plan to close EOD tomorrow, 10/11. RSI showing oversold....
Trade active:
Not a consistent short term rally into CPI... I was going from my memory on this.

Trade closed: stop reached:
357 trailing stop triggered, closed for small loss. Not touching SPY until next week.
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