SPY Still Headed to 111.7

SPY Still Headed to 111.7

SPY dropped below 109.9 and found support at trendline A. I did mention this as a possibility in my earlier post today, I might have been a little naive in believing the market makers wouldn't take SPY down that far. But I still maintain my 111.7 target and used the dip to trendline A to add to my long June SPY 111 Call position. At any rate, I wanted to reaffirm that I still believe SPY is headed to 111.7

LOADING
(optional)
(optional)
Copyright 2009. All Rights Reserved.   Site Map
Disclaimer: All content on spychart.net is intended for recreational purposes only. Consult a licensed financial planner before making any decisions with financial ramifications. The author is not liable for any financial, mental, physical, or spiritual loss or damage incurred by the reader.