AshHowes

SPY 5Min - Gap down open - daytrade

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Buy long on first bar break to upside with target just below yesterday's low (additional units could hold for return to yesterday's Vwap. This is a strong down move and LT charts show lower potential, so the idea here is a quick scalp for the daily target of .4 points (equivalent to 4 SP points)
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