Fuinhaz $SPY read for January 2 2013
January 2, 2013 - 8:55am
Happy New Year everyone.
$SPY opening the new year with a bang as if held that 140.10. I really thought for a moment that we really were going off the cliff this time, but congress pulled a last minute stunt and patched an open wound with one stitch.
$SPY 1st support is 143.69, 2nd support 142.86, and 3rd is 142.16.
$SPY 1st target is 145.19, 2nd is 146.13, 3rd is 146.84, and 4th one just for fun is 147.60.
Trade what you see not what you think.
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