drchelsea1

SPY - Next Target $450 / 4500 - Fed Can Live with That

Long
drchelsea1 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
0. Notes to follow;

1. Looks like S&P might be heading up to 4500 here;

2. Looking for additional catalysts here;

3. Peace in Ukraine could be on the horizon;

Comment:
4. Looks like Diamond Moves once again in this market;

5. If we break 415, it might get rejected at first;

6. Break of 415 at some point, should lead the way to 4500 next target;

7. Expecting a possible $380 re-test here as well at some point;

8. Looking for a breakout above 417 for final commitment to long positions;

9. $380 retest, buying opportunity.
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