GoldBands

SPY Getting Ready for a Big Move?

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
On most trading days, the SPY will hit at least .60 cents from the 5 minute initial balance. It failed to do that yesterday and while it came close in the overnight trading session, it has so far today failed to extend past the opening range again. As rare as it is to miss that 5 min opening range target for 1 day, it's even rarer to miss it on 2 days.

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