SPY Mark Up
I am calling it a night..
Here is what I am looking for tomorrow.
1. Consolidation at current levels and a break out back to 394.
2. Continuation of a sell off to 385.50 - 386 area. And then we bounce off that area to 394.
3. A clean break of 385.50 to the downside will mean a drop to 381.74 ... If this happens, hide your babies and grand babies.. coz things will get really ugly. I hope not since we are done with the Powell sessions for this week. But, be careful. Possibilities are still high.
I am calling it a night..
Here is what I am looking for tomorrow.
1. Consolidation at current levels and a break out back to 394.
2. Continuation of a sell off to 385.50 - 386 area. And then we bounce off that area to 394.
3. A clean break of 385.50 to the downside will mean a drop to 381.74 ... If this happens, hide your babies and grand babies.. coz things will get really ugly. I hope not since we are done with the Powell sessions for this week. But, be careful. Possibilities are still high.