
#SPY Today it gapped up and sold off, We have mentioned last week that once we get up into the 290-300 area, that you should be hedged long term and today we hit 291 then sold off to 285 putting in a dark cloud covering on the daily but it also held that 285.55 so we are not bearish until 285 breaks and then it can head lower towards 273, but if 285.50 holds then we can continue to push higher towards 291.45, 295.65 and 301.

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