Another up day on the Russell. That makes 8 up sessions in a row and 9 out of the last 10 sessions. The March 55 day trade was adjusted a little by rolling the 560/600/640 butterfly up to 570/610/650 to keep the market from getting too far ahead of the position. The position is now down $300, the profit target is still $1500 and the max loss is $2000 and we got 25 days to go.
The March Method 1 had no adjustments. Currently, it past the upside adjustment point but still at break even so I’m leaving it alone for now. Profit target $800, max loss $800. Position is below:
The method 15 trade has had no further adjustments, it is down $220 but still looks good. Profit target $1400, max loss $1400. Position is below:
April trade is right on track, down $90 waiting for a further up move so we can add to the position.