116 or Bust

SPY is set to gap up big time and open ~112. I'm not surprised, I expect SPY to hit 116 within the next week. I'd like to point out the number of trendlines below 112 (6+) versus the number of trendline in between 112 and 116 (1). Yeah there is virtually no resistance between 112 and 116. There is minor resistance at 113.5 and there may be another resistance level ~114.8 but it's really hard to identify any from the charts. This means SPY could explode to 116 over the course of the week without much opportunity to dip buy. If you followed my trades over the past week then you know that I was buying big time because I didn't want to be left in a position where I had to chase the market. But if SPY pulls back to 111.7 that would be a good buy in point.