Headed to 107.1

Headed to 107.1

SPY will gap down and open at ~109.25. It's possible that SPY rallies and backtests trendline A at ~110. In that situation I will definitely be shorting SPY. Alternatively SPY could continue to drop all the way to 108.28 and further to 107.1 to fill gaps there. I do expect SPY to hit 107.1 in the next 5 days, but I can't say for sure it will happen today.

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