Some drama on Tuesday after Italy credit spread news. SPY shake down below 270 support and dip was bought at 267.75 support zone.
Basically a under and then over 270 bounce play for SPY Wednesday. SPY back to range with 270 support again and 274.25 big resistance. A mover over 274 should see a nice short squeeze. Regardless of indices,action in individual stocks remain red hot. Pretty much all watch list names came to play with some big wins in IQ,HUYA, BILI, EXAS.
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