Markets going for another wacky day. $SPY opening higher and trying to go for another try to break up the 141.38 level. Remember that I wrote on Fuinhaz $SPY read for August 13, 2012, that 141.66 was the bi resistance that we needed to watch. But honestly with all this slow grinding up trend that we have been seeing lately, nothing is impossible anymore.
$SPY 1st support is 141.05, 2nd support 140.58, and 3rd is 140.04.
$SPY 1st target is 141.56 , 2nd is 142.26 3rd is 142.71, and 4th one just for fun is 143.55.
Trade what you see not what you think.
