SPDR S&P 500 (SPY)

[NetNeutral]

Yep, it was critical for Spy to CLOSE above 293.24 Friday and the fact that it closed nearly 12 dolla off da-Bottom formed a SERIOUS reversal candle on the 5 hour chart!!

The 5 hr chart on the S&P futures is the ONLY significant candle we can rely on these days for confirmation of any given signal, hence, we expect Spy to test 306 on Monday, and 315 by Wednesday??

Let's see if da-Boyz will play along, or NOT, LOL...