SPY Boundaries

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Even though the “end of the world selloff” ended almost instantly this morning, I’m having a good day. I’m up 1.8% on my regular portfolio and about 3% on my ETF portfolio, in spite of being completely short (the one exception being my NUGT long, which I closed promptly this morning). The SPY is key at this point, with the breakout level highlighted in cyan and the failure point (the one I’m rooting for……..) in yellow.