Domistock Tools Used:
Assets charted: S&P 500 SPDR (SPY)
SPY held support at 215.320 and no new signals are produced and this means that the long signal given on 07/11 has not been cancelled yet. DomiStock’s next up target is 219.22. Traders who have lost the rally and are looking for an entry point could either go long based on the fact that the HighLow Trading System’s last long signal has not been cancelled and the resistance turned support at 215 has worked, or they can wait for a secondary up signal.