SPY riding High above

Short

SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

BIG gap on our indexes, SPY, QQQ, & IWM. Blew through our supply zone like nothing. Strength coming from our possible trade talks come October. Could see more rise on friday through morning with possible sell off in Power hour. We need a healthy pullback after this. We are "Riding High Above" the EMAs looking at this 4hour. Start seeing a drop last half of day tomorrow, looking for swing on SHORT side over weekend. SMALL position! Anything can happen still in this market! We still got FEDs in way on 18th too!

Commento:

Rangebound day with little selloff. Daily doji formed but wasnt enough for me to get in. Staying out for the weekend.

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