MarketMaker128

SPY: 292 broken into no man's land... 289.7 likely tomorrow

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY

6/25 (update) - broke through 292 into no man's land... it could further go down to 289.7 area or if it open higher >291 i may go sideway. If I was a betting man, I'd say it would gap down b/c the close was below today's POC.

6/21 (original post) - Price closed below POC of the day on Friday. Thin order flow between 293 and 294. If 294 is held, target is 304. We are in uncharted territory from here now. If 294 is broken, next major support at 292.25
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