Go Long at 109.9 High Probability Trade

Go Long at 109.9 High Probability Trade

SPY 109.9 is the best place to go long today. There is a possibility that SPY breaks below 109.9 and finds support at trendline A and/or 109.35 but given that it took SPY so much effort to break through 109.9, I expect 109.9 to hold as strong support. This is a very high probability trade because SPY is in the middle of filling the gap to 111.7. I expect SPY to hit 111.7 in the next few days.

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