The SPY (S&P 500 Tracking ETF) long swing trade idea has hit the final target, T3 at 279.92, for a 6.6% profit. Consider booking partial or full profits and/or raising stops if holding out for additional gains. Previous & updated 60-minute charts:
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I have no desire to reverse this trade from long to short as I still favor a continued move to new highs in the S&P 500 before the next major correction in the market but at this point, the R/R to remain long is no longer clearly favorable IMO. As this was the final target, this trade will now be moved to the Completed Trades archives along with all associated post since the entry on February 12th.