Ujniwal

SPX500- SPY ETF trading idea -day trade

AMEX:SPY   SPDR S&P 500 ETF TRUST
Hi Traders,

SPY ETF has much better price action and set up for day trade if we compare with QQQ ETF
Market rallied on Wednesday due to Earning / FED meeting was positive
(No change in interest rate)
Watch out these key levels of SPY .
Support -403.13,396. 40 ,391.63 ( Good scalping area)

Big companies are reporting earning hence market will be volatile


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