First of all, Thanks for the efficiency of the Boston Police, who shot and killed one of the monster of the Bombing on Monday. As for the second one on the run, don worry, they are coming for you too.
$SPY reversing as expected, after we got so close to the 153.16, which is on my charts the 38.2% Fibonacci Level. Some of earning coming in this morning are mixed, but overall the trend is still down on the market, and that needs to be respected, and watched. The Fibonacci Levels are helping me keep a tradeable range on all the positions I have been picking lately. They are usually fast scalps, but ones that work once triggered.
$SPY 1st support is 153.83 2nd support 153.16 (38.2% Fibonacci Level) and 3rd is 152.89.
$SPY 1st target is 155.02 2nd is 155.55, 3rd is 156.45, and just for fun, the 4th 156.80.
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