Replies to post #222445 on SPDR S&P 500 (SPY)

[imiloa]

gap up tmrw wouldn't surprise me.
but after the selloffs last week
i'm wary of how much higher SPY can run
until we get the dec14 FOMC verdict.

while i agree that FOMC might surprise the market and kick can again,
fed futs traders seem to be betting 95% odds on 0.25 bump dec14:
http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

[imiloa]

looks like you'll get your gap up this morning.
will be interesting to see how it plays out...