SPDR S&P 500 (SPY): There are some resistance areas up here....

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livinginthelimelight

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livinginthelimelight

Re: imiloa post# 178229

Thursday, 01/14/2016 4:09:23 PM

Thursday, January 14, 2016 4:09:23 PM

There are some resistance areas up here. I feel we continue higher tomorrow and I don't see anything that says otherwise right now. I need 195 to 198 to get my "put conviction" on. I am long some SPY 193 calls I bought at the close. I really feel oil is going to clear the path, it's putting up a good fight. I am looking for 35-38 area on crude before we head lower.

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