bkrueger020

Spy Continuation

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BATS:SPY   SPDR S&P 500 ETF TRUST
There seems to be some resistance overnight. Possibly looking for a pull back after the better than expected news. Get some sell offs in the morning and enter into longs. The key here is that the FVGs are broad ranges so there may be more risk in my trades today. Using a retracement tool and it shows the .5 is near the lower end of our play. Possibly being more patient unless we see things on the lower time frames.

Pattern: Cup & Handle
News: Met or Exceeded Expectation
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