$SPY gaping up after massive sell off for two day. Still not going over the 151.47 level, meaning that this looks very much like a trap. I have been very active shorting stocks, I will try my best to put some setups and charts today so you can all see how I am doing. If for some reason I am unable to post it here, then I suggest you to follow me on twitter under the name @fuinhaz.

 The $NYMO (McClellan Oscillator  took a nose dive yesterday and is now mid way to the oversold territory. This should be a very interesting day.

$SPY 1st support is 150.38, 2nd support 149.75 and 3rd is 148.78 (Fibonacci Level).

$SPY 1st target is 151.32, 2nd is 151.83, 3rd is 152.32, and 4th one just for fun is 152.74.

Trade what you see not what you think.

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