$SPY formed an invert head and shoulder pattern on a 3 min. chart. And if it can reach 136.73 can be reached, I can say with confidence that the pattern is confirmed. We are going into this weekend on the hand of the RATS in the European Committee and their personal interest to give us with some proper direction on these markets. They have our Monday morning pretty much on their hands. And I don’t like that a bit.
I do think we may run a bit into the close, but not too excited about holding anything over the weekend.
I wish you all a good weekend.
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