Sir William Wallace
I trade options and stocks, primarily $SPY options day trades. A lot of people helped me along the way and this blog serves to document what I've learned to help others make money in the stock market.

SPY Analysis for July 19

THURS JULY 19

Futures pulling back overnight, basically stocks just flat after a big run. 280.05 still support and holding but is the key line like it was yesterday to defend. My guess is SPY is sideways today before moving more unless we get a breakout at open. The pattern leading into today is very bullish so let’s just see where it goes. Same support/resistance as yesterday

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