alleytrader

What you look for tomorrow

alleytrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Below today's large down move is a high volume target. Then just below that is a low volume area, know for fast travel.
I will be watching how the market opens, and if moves more down and gets into the low volume you could see 380.
Today got very sold and may see some dip buyers but will wait for morning to set stage for next few days.
Comment:
been looking over charts and do see the the bottom red lines as targets for now.
The key will be the reaction to today before adding anything new.
Comment:
As mentioned the space between the blue lines I said would happen fast, Gaped right through it.

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