SPX/SPY entered Powell's speech to the Economic Club of Washington DC today just barely holding up above Key Level Support @ 4100. One hundred SPX points lower another Key Level sits at key round number support @ 4000. SPX Daily SPY - New Trade Parameters: Buy Mar 17th $390P on SPY close below 400 SPY Mar 17th $390P (currently 3.88 - 3.90 ) Targets: SPY 320-330; SPY $390P = 60-70 Stop: -50% trailing stop from highest option price after entry PRO Members See QQQ parameters set out in this morning's Alert. QQQ Hourly VIX Daily
