Based on last night's performance, the SPY looks like it is going upwards. :) This is because if it went downwards, price would have cut across the candlestick and that would have mean a reversal of sorts. The fact that it didn't happen, is a good indication that come Thursday night, or (Thursday morning US time), the SPY is likely to shoot upwards.
That would in a way make sense for me, but it must stay up of course. ;) Let's see what the market offers tonight.
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