TTMTrades

Temporary $380 Pullback for Consolidation, $400 Target

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
5 Minute Chart, which is a time frame that gives quick signals is showing a possible $380 pull back to consolidate yesterdays big move before the next leg up. Good Opportune for those on the sidelines to make an entry BUT $380 must hold with some solid volume. Overall higher time frames are in tact for a strong move to the upside with $400 as the price target before we take a step back and see what the market wants to do next. 30 minute chart left side and 2 hour chart right side. These two time frames play quite well into each other.

To The Moon Trades
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