In the chart below, note the green trend line which connects the highs of the last three days. The SPY continues to try and get through this level. If it succeeds, it will head towards the first blue trend line, then the second blue trend line. Trend line analysis is number one when it comes to mastering swing trades and day trades.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
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