SPY SPY SPY

Whats up Traders,

- Red Rectangles are prior 'gaps' that may fill . .
- We hit our first target box
- Price Action shot back up to the 61.8 line of the retracement down move ..it will be important to see how we react at this level . . .

We expect:
-Price to get rejected here and continue the downward move
- Complete gap fill at the first box - Target Green Circle . . but the timing could be faster . .
- A break down below the first box (295) and we will probably fill the next gap box.

Target area is the green circle for the week of 6/15 . . . which is a confluence of the remaining gap fill and an extrapolation of the 50d MA

Best of luck .