Thursday, February 9, 2012

SPY Stops taken out at this morning's Trading range support

Again, I don't know why traders congregate their stops at such obvious stop levels, it makes it easy for Wall Street to earn at least the Bid/ask as well as volume rebates...
 SPY volume spike as the tested a.m. range is broken.

It's not the highest volume of the last 2 days, but pretty close.

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