$SPY trying to reach 135.70 level, but still having some trouble. The key level to watch now is the 135.13 level. If that is broke, we might re-test the 134.85 support. I am actually looking for the $SPY to do an invert head and shoulder pattern. It doesn’t look anything like that for now, but I do think that is eventually what will happen.
Look for individual stocks to have the same patterns, and play them accordingly.
I think it will be very hard for this day to go negative. Nothing is impossible, so just play smart.
May you all have a good continuation of your day.
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