SPY Chart 070312

Just sayin…

The levels were good, this is reassuring!

  • 138.22 — Thursday
  • 136.63 — Monday
  • 135.80 — Tuesday
  • 134.25 — Tuesday (ish)
  • 133.72
  • 131.50

I’m still following the ranges I mentioned (here), and will be adjusting my $SPY spreads if we move outside the 134/136 range.

SPY Chart 070312

If SLV breaks the $31.50 low I’ll be looking to get out of the SLV butterfly I spoke about (here). I’ll also be keeping a close eye on the VIX and GC_F.

Good trading.