S&P Key Level On Watch: This Tells Everything

Note the chart. If the SPY breaks this level it will continue to sell. If it holds, look for higher price action. This is the pivot point of the day. Volume remains very light with less than 25 million on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Tick tock, tick tock.

Gareth Soloway
InTheMoneyStocks.com