$SPY gaping a little lower. Very tough situation as the banks have done really well on earnings specially $JPM and $GS. The next break out level for the $SPY as it sits here at 146.54 is 146.84. So that is the level I will focus most today. A move above that level, and I think that the 45 day prediction will last a little more than I predicted.
$SPY 1st support is 145.89, 2nd support 144.64,and 3rd is 144.44.
$SPY 1st target is 146.84, 2nd is 147.60, 3rd is 148.68, and 4th one just for fun is 149.20.
Trade what you see not what you think.
This is the largest topic on ewallstreeter. This topic aggregates news and investment advice from over 200 different news sources. It covers all the financial markets, collectively known as Wall Street, as well as international news which affects our markets.