spy 3 year cleavage 132.4-130.2,touched the 132.4,may retrace to the 130.2,nice read last nite and today vol,what do ya think
out +3.5 will be getting back in long again soon, hopefully a touch lower, for a nice Tday rally. Likely no more posts from me today though. Good luck
I can't answer for Fed's reason for the trade, but it's a previous resistance becomes support, one of the most commonly played pullback entries in a trend for a given time frame.