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SPDR S&P 500 ETF TRUST

Nice run

By ArturoL
Updated
The SP has had a nice bull run the past 5 weeks. Now is hitting an important psychological and technical resistance at 500. It might try to break it on the upcoming days but I think it's going to pull back hard soon. I'm already taking profits I have cash sitting there until new opportunities come. I still have some long positions but I'm mostly in cash. Also I'm long in the Dollar on short term. Looks strong, I'm shorting AUD/USD and GBP/USD.
Don't be greedy, be smart and patient.
Note
I bought some calls exp 02/16 strike 496, no risking too much just for fun:

snapshot
Note
Looks that it will test the resistance again. It usually does.
Note
Sold my calls. may go higher but I already made 200%:

snapshot
dollarindexnasdaqpullbacksp500indexstandardandpoor500Support and Resistance
ArturoL
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