Samlunch
05-07
$SPDR S&P 500 ETF Trust(SPY)$  


šŸ“ˆ $SPY BEAR GAP FILL HAS STARTED!

ā€¢ Massive win for the bulls with the bull gap opening and bear gap starting to fill.

ā€¢ The fill of the bear gap will act as resistance intra day.

ā€¢ The best bet for the bulls here is gapping above the trendline and using that as support to get back to all time highs.

ā€¢ Levels to look for here 517-518 with a dual resistance breaking which we go to 520.

ā€¢ Bears got to defend the bear gap or have to take the price down fast under 514.3 to fill the bear gap below. However this does not look likely.


šŸ’° Stocks to watch today?(17 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
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