Hitting the 50% Fibinocci in the next few days ...

Sep 16

There will be a brief retracement in the next few days until Sept 22. I suspect it will hit the 50% fib but realistically it could hit any one of the other fib lines.

The reason I am thinking it will retrace is due to the indicators looking bearish, especially on the 4 hour indicators, etc.

This is just a brief retracement lasting a few days and the SPY will continue to go up after.

Always have stops in place and only use 10% or less of your trading account.

Sep 18

Trade closed manually

It didn't hit the 50% fib retracement. It hit the 23.6% fib retracement. The spy will continue to go up for here until the end of September before making another retracement.