Fuinhaz $SPY read for December 26 2012

From SharePlanner
December 26, 2012 - 9:55am

$SPY opening flat, I think that the big picture will come in tomorrow when we have the initial claims report. Other than that it is fiscal cliff fear, and a whole lot of choppiness on what could be a short week of low volume in the market. $SPY 1st support is 141.83, 2nd support 141.16, and 3rd is 140.67. $SPY 1st target is 142.71, 2nd is 143.55, 3rd is 144.10, and 4th one just for fun is 144.60. Trade what you see not what you think.

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