Headed to 117.5

Headed to 117.5

After a final fakeout drop to ~113, SPY rallied to the upside and finally filled the 116 gap. This is a range breakout and I expect SPY to continue upwards to 117.5. Pros shoot for tops and that's the next one. I'll be looking to short around there. For today I expect a lot of sideways/chop action because a lot of people are going to be chasing this breakout. I'll try to get long near the end of the day or if SPY falls to support at trendline A (unlikely).

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