User: Ryan Mallory: Market Analysis: Fuinhaz $SPY read for October 17, 2012 | SharePlanner
Fuinhaz $SPY read for October 17, 2012 | SharePlanner
$SPY gaping again, as homes starts and permits surge. The $NYMO (McClellan Oscillator) finished yesterday at the upper band of the rage we are currently in. A move above the 146.13 level, and this market can get out of this range, and roar higher, so that is to be seen.
$SPY 1st target is 146.13 , 2nd is 146.84 3rd is 147.60, and 4th one just for fun is 148.68.
Trade what you see not what you think.
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