SPY A Perfect Doji Close

A Perfect Doji close is indecision.

SPY Closing at the top of the Rectangle just barely a new high daily close.

Overnight the world markets are showing softness and the Euro /USD is down as well .

The Spy will open Gap down @ 111.25 and I expect another return to the 1085 level with a Friday close about 110 ish due to options expiration.

Seasonality suggests this week of Dec is very Bullish and I think this is what every one expects but the market is give the unexpected so stay tight on the stops .

The big risk today is a higher close and if that happens we will go higher up to Spx 1120-1135

Doji Day

Doji Day and Rectangle Top Day 16

Not much to say here.....

we will see how the Asians and Europeans do overnight.

Target is still SPX 1085 unless we break and close above the Rectangle