SPY is gapping up this morning on news. Pre-market we are trading at the zone where the index broke down last week. Be careful and reference the upper trend line in the channel. We could fail at 211.50 zone or that level overhead. Take some profits if you have them at the open. WAit for the opening range to reassess.
I probably won’t have time to elaborate so I am posting these charts for your consideration. Reference the watchlist for entry and stops.
GIMO from previous watchlist.
Having some issues this AM.