WadeYendall

SPY Sitting above demand zone.

WadeYendall Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
I'm not expecting a major move either way today as it is the last trading day of the month
and I'm guessing most of the big money has already placed their bets. I would like to see price
hold above the green zone and within the triangle I've draw. A break of 319.80 would not be positive.
My plan today it is to sit on my hands and see how the monthly candle closes.
Comment:
Sensing a lot of emotional selling today. If you are not a good scalper best to stay out of this price action especially going into the weekend before a massive political event.

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