We Have the Breakout – We Need Follow Thru

November 14, 2022
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The SPY broke out last week and the volume was decent.

PRE-OPEN MARKET COMMENTS MONDAY – We had a breakout above the D1 down trend line and the 100-day MA. The volume was heavy and we had steady buying into the close Thursday. Friday we had follow through buying.

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