Ujniwal

SPX500- SPY ETF trading idea -day trade

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hi Traders,


US GDP umbers were less than expected
EXP 0.4% Act -0.9%.

On the other side AAPL and AMZN earning beats the estimate hence after market shares price was up.

SPY is heading to very choppy area ( Consolidation area)

There are few level we need to watch as market might gap up today.
Support 410,406
Resistance- 414,416,417

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