Fuinhaz $SPY read for January 4 2013
January 4, 2013 - 9:57am
$SPY opening higher again after economy added 155,000 new jobs and rate holds at 7.8%. I would like to remind everyone that we are close to the end of that 45 day run from Nov 16 I talked about. The date is January 11, so I do think we keep running until then. I am expecting a choppy run, with some ups and down days, but ultimately that should be it. Well ate least it is what i am expecting.
$SPY 1st support is 145.38, 2nd support 144.91,and 3rd is 143.96.
$SPY 1st target is 146.13, 2nd is 146.84, 3rd is 147.60, and 4th one just for fun is 148.68.
Trade what you see not what you think.
Continue reading this article »
Share This Article: