YMI

S&P 500 Pullback?

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
After a selling off this week SPY has pulled back into a great buy zone imo. Ive been day trading this zone today/yesterday on ES futures at the 2840 level, however I decided to enter into a swing trade on SPY as well. The weekly candle does not look amazing, however if this intra day reversal continues it could close as a hi-wave doji. Anyway this is the swing I put on for now targeting a retest of the prior ATH or a possible breakout to the 3000 key level.

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