SPY Know This Level

Today, the major stock indexes are trading sharply higher on the back of a deal in Washington DC by the politicians. Either way, the charts told us yesterday that a stock market bounce was in the cards today. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) will have some near term intra-day resistance around the $168.38 level.

NIcholas Santiago
www.InTheMoneyStocks.com