SPY Thoughts June 24

**These were my thoughts on the SPY ETF to subscribers over the weekend in my Daily Trade Ideas which includes many, many more charts and setups”

We saw the $157.50 level hit to a tee Friday.  It was only 3 pennies off before we saw a reversal.

Absolutely fantastic action in my books.

Now we see if we hold here.

Let’s dive right into the charts.

The SPY hit the $157.50 level I’ve been talking about perfectly today and bounced well off it.  This could be a temporary low here and a move to the 50 day at $161.20 then possibly to $162.50 looks likely.

If you got the bounce at the level I talked about at $157.50 congrats.

Great action we’re seeing here.

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