Markets pushed to the top end of Resistance #1 and SPY made a high of $130.87. I think most guys who took longs overnight probably sold into this move and felt lucky. Trailing some makes sense but I would protect some of those gains! Resistance #2 for Spy is 131.40-131.60 ( this is a spot I would like to Re-short) a retest of the bear flag breakdown. Resistance #3 is…
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