SPY - Jobless Claims 1.864M Vs 1.88M Expected, 1.875M Prior
US Initial Jobless Claims 227K vs 236K Est.
Retail sales up as well in July.
Could see another bullish day here, still has quite a bit of room to run up to the next semi strong resistance zone around $555. Possible short term resistance around $550-$551 so just be careful around those areas.
This market is unhinged 😂 we know how quickly things can turn around so stay vigilant.
If market can get a push at open, expect to see $550+ today, possibly much more if it can break through $551.
Let’s kill it today guys. ✅