SPDR S&P 500 (SPY)

[NetNeutral]

The Cascading Discount Wave is OVER!!!

As expected we did get discounted prices through the Fed meeting and we suspect that this mornings price action will END the discount price wave and we close Higher the remainder of the week?

SPY posted a low of 207.54 and high of 209.52 or a range of 1.98 and we expect 209.52 to be breached today and move up to test recent highs of 210.92??

In addition we expect the VXX to find New two year lows as it moves below 15.00??

Let's see if da-Boyz have upward intentions into Month-End to post a Big-Asskie Green Candle, our new target is 213.09 for the CLOSE Friday???

Good trades ALL...