regalia

SPY...Consolidation for now...Let's hope for a $290!

AMEX:SPY   SPDR S&P 500 ETF TRUST
Great New SPY is consolidating along the 1 FIB line. Minor correction is holding around the $280-278 range. We need to see this hold if we want to maintain an ongoing rally for stocks. If we do gun for $290 which was the previous ATH I predict the broader market will drop like a rock shortly after.

Sigh...its been a nice 3-month bull run :P Fingers crossed. Set tight stop losses on all your trades.

I'm expecting some GREEN tomorrow (3/21). Lets hope this pans out for my EA day trade.

Happy Hunting

Reg <3
Comment: Green green green :) BOOOOOOOOOOOOOOM What did i say EA blew up 8% ROI <3
Comment: Going pretty well thus far.
Comment: Boom targets hit!

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