User: Ryan Mallory: Market Analysis: Fuinhaz $SPY read for October 16, 2012 | SharePlanner

$SPY gaping up with earnings of Goldman Sachs $GS and the CEO of Citigroup $C stepping down. This morning's economic data shows that The consumer price index increased 0.6 percent last month, in line with analysts' expectations and matching August's reading.

$SPY 1st support is 144.22, 2nd support 143.41, and 3rd is 142.85.