$SPY had a very narrow range yesterday. US reported 20.5 million jobs lost last month. But $ES futures remain unfazed, up about 1.15% as of now.
SPY broke through 286.5 yesterday, but mostly on overnight gap. During day trading SPY closed at the same level as it opened. Of the last 8 trading days yesterday was the 6th day on which $SPY did not close above the open.
Next resistance is 293.
Close below 284 is bearish.
SPY broke through 286.5 yesterday, but mostly on overnight gap. During day trading SPY closed at the same level as it opened. Of the last 8 trading days yesterday was the 6th day on which $SPY did not close above the open.
Next resistance is 293.
Close below 284 is bearish.