$SPY gaping higher after ECB left the rates at 0.75. So pretty much unchanged. Initial claims for benefits climbed 4,000 to a seasonally adjusted 367,000. As I write this the $SPY popped to a break out level of 145.78. We need to see if has any follow through or it it will be a major resistance today.
$SPY 1st support is 144.88, 2nd support 144.232, and 3rd is 143.56.
$SPY 1st target is 146.13 , 2nd is 146.84 3rd is 147.60, and 4th one just for fun is 148.68.
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