$SPY up almost 60 points from the end of 2018. Broke a significant…
resistance level of 293.94 set last year. Pulling back, as expected off its crack.
Financials leading a short green sector list of 4 out of 11 with Utilities almost 1% down.
Experienced a ton of MM manipulation this morning, more than normal. Guess the boys wanted to start the week off strong.
Seeing strong reversals cracking through VWAP, with plenty of stops being triggered most likely. Typical moves just before price continues in predicted direction.
$CHRW down over 7%
$DIS only down a point, but showing signs of slowing down after its monster run.
$GDI getting some love from The Street, up over 15%.
$MMM saw some strength PM, just to suck in buyers and continue its decent
$TGT also with PM strength, only to give it back in the morning.
Boys are in full effect today.
Stay diligent with your stops!
