Market still showing strength as we are just one day from the fed’s decision. We had a nice pop of 6.8% in house starts.
As we broke above the $SPY’s 164.47 level yesterday the chances of us ramping up to 165.55 are becoming more and more real. I also will go as far to say that I will not be surprised to see us print 166.89 bfore turning down again.
$SPY 1st support is 164.47, 2nd support 163.38 and 3rd is 161.82.
$SPY 1st target is 165.56 and 2nd is 166.89, 3rd is 169.07.
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