The SPY (S&P 500 Tracking ETF) Active Long Swing Trade has hit the first target for a quick gain of 3.7% in under 3 full trading sessions. Consider booking partial or full profits and/or raising stops if holding out for either of the additional price targets. T3 at 279.92 remains the final target at this time but as with all trade ideas on RSOTC, price targets are subject to revision should the outlook for the trade materially change. Previous & updated 60-minute charts:
FWIW, I took profits on the majority of my SPX related positions (along with NDX trading proxies) here as I believe the odds for a pullback are elevated at this time. I may add that exposure to the SPX & NDX back soon but prefer to watch how the major indexes trade over the next few sessions.