$SPY (D) Strong bullish day with the assistance of oil.
Excellent strength pushing this into a potential long swing opportunity.
However it is still at a precarious price level and may turn at anytime.
Keep in mind that Oil has news coming up this weekend and SPY has been fairly correlated for some time.
So use stops and adjust as needed.
Obey your rules.
However it is still at a precarious price level and may turn at anytime.
Keep in mind that Oil has news coming up this weekend and SPY has been fairly correlated for some time.
So use stops and adjust as needed.
Obey your rules.
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