The markets are tanking early in the morning. This is stemming from fears over Syria and the comments made by Secretary of State John Kerry. Intervention will occur and oil
prices are spiking. With the S&P Futures
dropping sharply, the play is at the double bottom
from August 21st, 2013
at 1631.50. If you do not trade the S&P Futures
then the SPY
level is $163.90.
Cheers to a great trading day. A generally quiet holiday week has turned out to be a monster with great opportunities everywhere.