SPY Inside Day, More Of The Same Tomorrow or Key level Break?

7 oct. 2020

SPY bounced all the way back to the key 341.77 level. A break of this level should trigger an ATH+ run. Don't be surprised to see a double inside day tomorrow as market continues to digest stimulus talks.

8 oct. 2020

Note

Textbook breakout, back test and go for SPY today. 344 and 347 levels up next. But if QQQ can't get over 282, SPY can't continue to run. Watch QQQ for breakout over 282 or SPY could fall back under 341.77