Stay long as long as trendline A holds

Stay long as long as trendline A holds

As predicted, SPY filled the gap and dropped to 115.1x. XLF also filled it's own gap up. This could mark the end of the selling today and we could rally back up for the rest of the day. However it's still early in the day and typically the first two hours of the market being open are subject to manipulation so I it is possible we see some more selling within the next hour.

In the event that we do see more selling, I want to see trendline A hold. If trendline A does not hold then next support is at 114.4

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