SPY - Grade: A-

SPY Looking top heavy as it approaches a major pivot level at 270.36. I’m not going to fall for the blindly bullish sentiment that the market is feeling right now.


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SPY

Expiration - Mar 15 2019

Strike - 260 puts

Stoploss - If SPY goes above 270.36 pivot

Target - 245 by end of month February

Out of PlayAaron Gose