As much as I desire you correct, "Obviously da-Boyz are gonna start out at the HOD dis-morning and slowly walk-r down to CLOSE around 207.50 setting up a GAP down below the GAP of 205.99?? "
As much as I don't believe in fundamentals, I don't think the market is going to get to that 205.99 at least until AFTER the fed carnival show.
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???