SPY May Not Fill Gap Today

SPY May Not Fill Gap Today

So far SPY has rallied out of the gate but failed to break resistance at ~109.35. Still I'm not that confident anymore that SPY will fill the gap at 107.8 (yesterday's close) today. SPY may just drop as low as 108.5 and hold, so I'm going to watch for a while. I'm going to stick with my plan to go long at 107.5 if we get there.

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