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Spy (s&p) groundhog day - exchange and trading

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Old 08-31-2009, 04:49 PM
ItalkCash User
 
Join Date: Mar 2009
Posts: 24
Default Spy (s&p) groundhog day

Lately it has been very common for the SPY to make a low in the first half of the trading session and move higher throughout the day. This has been the layup trade for months. If the financials are not rallying it is usually the energy stocks. Keep this play until it fails especially in this light volume environment..

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