Came right to the resistance line this morning. If we can get a solid close over 24.50 on the daily chart, I think minimum is the gap target of $29.50-30.
SPY has to cooperate though. If the market starts to fall, the lower trendline may be in play. It's hard to say which will happen right now
Be careful and good luck
SPY has to cooperate though. If the market starts to fall, the lower trendline may be in play. It's hard to say which will happen right now
Be careful and good luck
Comment:
note the gap at 15.40 which hasn't been filled, just a caution
Comment:
note the sell volume on the completed daily bar. So far, nothing to get too excited about