The Friday, March 1st, Into The Close recommended buying GLD calls pursuant to multiple Buy Signals in our Gold and GLD trading models. Those calls have done quite well, to say the least: GLD Call Purchases from March 1st A little over a month later, I'd like to replicate that performance only this time with stock index ETF puts, starting off with the SPY Jun 21st $490P as follows: On an SPY close below 520, 515 and 510, respectively (1/3 position on each breakdown threshold). SPY SPY close below 520, 515, 510 are all triggers for Jun puts Shaded Fib Target Zone = Minimum Retracement Expectation SPY - 120 Minute Trend Model Fresh Sell on 120 Minute Trend Model
