Chartimistic
Long

SPY 1-Hour Chart Nearing Price Target

AMEX:SPY   SPDR S&P 500 ETF TRUST
The market has respected the gap up low from this morning as has continued moving higher today despite the random China news coming out. The price is nearing the first price target. I will take some profit before the market closes just due to the stochastic being overbought but this market does not want to be stopped. May begin seeing a bit of a pullback in the upcoming days but ride the move until it tells you not to.

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