SPY Open

In this post yesterday, I showed you the resistance line the SPY would need to move above to generate some buying interest and earlier I mentioned how it would be ironic that shorts recently squeezed out of their trade, would likely end up buying a break of resistance and possibly become 2x losers.

 Is it just pure coincidence the SPY gapped above the resistance level pointed out yesterday as needing to be broken to attract the longs?

This 15 min chart shows the volume on the breakout, not too bad so far.