SPDR S&P 500 ETF Trust
Long

Narrow range day

155
SPY closed up 0.7% yesterday.

With most of the gains from gap open.

Yesterday was a narrow range day (NR7).

Such days are compression days and energy release can be quiet explosive in either direction.

ES futes are down about 13 handles and suggesting SPY open down about 0.4%.

Support is at 320.50.

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