$SPY trying its best to hold it’s gains, but having a lot of trouble to stay above 137.64 level. It looks like it wants to re-test that 138 level again, but something tells me it fails miserably. It doesn’t matter how positive this looks, today was a day to play shorts. And the best is that we are not done yet. I still think that the big was is now coming at the end of the day. Probably on the last 1/2 hour. If we can’t cross 138, I think we will most likely close under 136.98.
May you all enjoy the end of your day.
