Fantastic job by the bulls as they SPY cuts through resistance and closed almost at high of the day.
Our game plan, SPY over 50 MA should run to 270 area worked out well. SQ, MU, FB, NFLX, NTNX, TSG, PSTG, ATHM , ideas from watch list all worked well.Market is getting a bit extended short term. Some basing will be ideal above 270 resistance turned support. But we have also seen many “V” shaped run before and it’s also a possibility.
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