The 3 day cycle gave a buy signal at the close today.
The option account is long 4 April 135 SPY calls @ 2 1/4
Stop Loss - 1 5/8
The April 135 Calls should be your option of choice, if you are to follow
the 3 day cycle.
Currently these calls are 2 1/4 by 2 5/16.
There is some strong potential for quite a sharp rally here.
Remember to always use a stop loss for protection.
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