trading date: July 18, 2106 –
The last three market days, the SPY had the same behaviour: after a gap up, it drifted back lower into the afternoon and the close. Everyday the market did a new all-time high. Volume was light.
We could see a one day dip but bullish week ahead.
Support will ie at Friday’s low at $215.31 and then at $214.35.
Resistance will lie at Friday’s high at $217.01.