Expect a big move on Friday
Could go up as high as 2080..everyone is bearish from sell off and tax sale Friday and quad witching
$670 billion in options For spy from range 205-199 expiring on Friday
Oil up, euro up dollar down...recipe for a rally.
Rsi under 30,about to cross up, spx at bottom bb
Wednesday rally ...
SPX is trading inside a pennant on the 1hr chart.
Expect another volatile day tomorrow. Chart shows that SPX will open up and can run up to 2070 or pivot.
Rally can get faded quick so take profit when target hits and lock in profits.
Nymo is still oversold.