AMEX:SPY   SPDR S&P 500 ETF TRUST
Today we almost hit the target. Tomorrow we will range out I’m not expecting any crazy volatility it is the eve of chaos FOMC JK. Pretty sure we will stay above 388 tomorrow. Like I said last week 382 is the bottom pricing in the 75bps hike if they stay with that we will start heading up to 400 and begin the rally to the midterms unless some crazy stuff happens. I believe correct if I’m wrong in October we don’t have any hikes so that gives a clear path to the 200 day moving average on the daily retest the 431 create a double top or make a high then we wait for the next catalyst after the election. Now this is obviously just a opinion like I’ve said before I know nothing. As always trade what’s in front of you good luck, block out the noise and the trend is your friend until the end
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