Quote:
Originally Posted by Blazed
ADP numbers today were good for pump but we all know ADP is always wrong. But the thing is, NFP data comes out on Friday which is a Holiday - so let's see what the market does here.
SPX: 4150 top (4137 resistance) / 4050 bottom (break below 4035 next support) / 4100 key level. Still have a gap @ 4030.
Watching:
SPY: bounce at 407.25
reject at 410-410.5
And ifkyk.
I'm swinging puts for tomorrow (don't follow), I'm targeting 4050. SPY daily chart shows lowering volume while we're making new highs on SPY. So that's a sell signal for me. Not a full sell signal, but enough of one for me to test it out. My position is sized for 0.
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Following today, just didn't post levels. Have to use mobile TOS, which I hate, so I'll follow.
Thanks.