The Founders Group is adding another 5% each to the existing SPY and DIA calls here on the five-day lines, 467.75 and 357.25, respectively. This brings each position to 30% for an aggregate 60% commitment to the markets.
Be mindful of the leverage. These are big boy positions.
The market moved back into the balance range per the morning discussion and we are entering at the range bottom, coinciding with the five-day line.
A material close below the five-day lines remains the stop.
A.F. Thornton