The SPDR S&P 500 ETF (SPY) opened around $121.75 this morning, and had a quick move down to $121.52, just shy of my $121-121.50 target this morning (which was the 38.2% Retracement zone). I came in short SPY overnight, so today’s gap down was a pleasant surprise in that regard. SPY is now trading around $123.15, and those who listen to my live radio on the Virtual Trading Floor saw me get…
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