$SPY ready for another gap up, the $NYMO closer to and closer to the overbought territory. This time I think we will really hit it. As the market continues to gallop to new highs where everyone continue to profit from the run that started last Friday I urge my readers not to ignore the levels, and indicators. Keep on making money on your longs, but focus on a target or exit plan.
$SPY 1st support is 158.13 2nd support 157 and 3rd is 156.37.
$SPY 1st target is 158.80, 2nd is 159.71, 3rd is 160.37(Educated Guess).
Trade what you see not what you think
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