$SPY 1st support is 166.38 (100 MA), 2nd support is 165.41 (78.6 Fibonaci Retracement Level) and 3rd is 160.01 (200MA).

$SPY 1st target is 167.17 (61.8 Fibonaci Retracement Level), 2nd is 167.38 (8EMA), 3rd is 168.00 (50 MA).

Trade what you see, not what you think.

You Might Like

  • Stop Trying to Hit Home Runs: Start Trading Within Your Means

  • How to Trade Breakouts Without Getting Trapped

  • Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind