Markets opened up a bit and sellers tried to bring it negative. SPY held above Friday’s low of $129.55 putting a low of the day in at $129.55 (higher low). When markets turned back up some shorts scrambled. Next resistance SPY is $131.80-132.20 (feasible for this bounce). Reaching $133 will be tougher. Strong stocks held above Friday’s low. Some weak stocks putting in some…
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