$SPY gaping down a bit. As long as it holds the 2nd Fibonacci retracement @ 140.14 we should be due for another run. Today we are waiting for Europe to decide if it will indeed continue to help Greece.  I also did read that Spain is going to ask for 42.5 billions to the European Union. Remember that Spain is considered Citigroup, and Greece is something like Washignton Mutual. I personally am still bullish.

$SPY 1st support is 139.92, 2nd support 139.60, and 3rd is 139.38.

$SPY 1st target is 140.64, 2nd is 141.12 3rd is 141.56, and 4th one just for fun is 142.26.

Trade what you see not what you think.

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