Wide Range

Wide Range

The 115.99 gap fill target on SPY is just within reach but SPY is looking pretty toppy to me. I still favor SPY to continute upwards to 115.99 if SPY can hold above trendline A. So I'm expecting a wide trading range for the next few days with SPY possibly trading as low as ~113.5. If SPY breaks below trendline A then SPY is headed for 112.4 and most likely lower.

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