shecantrade
Long

SPY is a great trade set up...up

BATS:SPY   SPDR S&P 500 ETF
309 1 1
Well it is pretty clear from this daily chart of SPY             what direction the trend is. The support continues to hold, and with the mover earlier today that moved down close to support, this is shaping up to look like a nice trading opportunity long. Tomorrow I will be watching the 175 level, if it pops down to pick me up, I will be ready to hop on this trade.
I have updated my position on this chart. My post www.shecantrade.com details my steps today.
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