Lots of economical items Friday as SPY start to turn bullish.
SPY must go over Thursdays high. If not, expect a low on Monday. Thankfully, Monday drop might bounce on the strong supports made, and a trendline that is loosely formed.
Unless the economical news breaks all supports, it's seems like a very safe long for next week.
SPY must go over Thursdays high. If not, expect a low on Monday. Thankfully, Monday drop might bounce on the strong supports made, and a trendline that is loosely formed.
Unless the economical news breaks all supports, it's seems like a very safe long for next week.