I expected this move tomorrow, but hey, market seams to price in good news and landed in my target box (399) 400 on US500
Although I expect the rug to be pulled, I am looking at two option:
Bullish
Break of 400 will take us to 405, then back test to 400 and up to 405, 416, 426
Bearish:
390, 382, 379, 366
SPY bear volume is still very high, the move today was on smaller volume, so I think we are going down, but time will tell.
In case we break 400, I'll enter long on back test, we are overbought.