SPP

Today  the  SPY - SPDR S&P 500 ETF , like a rocket, gapped up from the previous close of 132.10 to 133.16 . The intraday High of 133.93 was just below the Fibonacci level [ FL-L1AF382 ] at  134.39 which is a level where reversal can occur. That is what happened and after an intraday low of...