TAKE PARTIAL PROFITS ON YESTERDAY’S TRANCHE OF SPRD S&P 500 $SPY

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This post was just published on ZYX Short Change Alert.

Yesterday we recommended shorting a 5%  tranche of SPY and a big tranche for those not in the position.  Consider taking profits on the 5% tranche from yesterday right here around $159.45.

For those who initiated the position yesterday and have a 15% to 20% tranche may consider taking profits on half  right here around $159.45 and hold the other half.

Another option is to put a protective stop in the zone of $160.27 to $160.43.

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