Slow action in the Market at SPY settling in an ascending triangle formation range.
SPY now has short term support at 194 with resistance at 199.47 area. Seems like market is on hold and range bound mode until next week’s FOMC interest cut decision. We are sticking to day trades only , shorting resistance and buying support.This volatile market providing big trading opportunities as we continue to have record daily gains in our chat room via trade alerts.
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