hockeysniper

XRT short - below .618 Fib level

Short
AMEX:XRT   SPDR S&P Retail ETF
Rejecting down trendline, below 50 DMA and the option flow ratio for March 17th is 4:1 puts.
Very strong numbers from economy today, which means the FED will have to raise rates again at some point this year.
I have been following the FOMC for 6 years, take every meeting cautiously. We also have CPI numbers on the 14th.
I am holding MArch 24th 61 puts at $1.15
GL!

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