The S&P 500 (SPY) is showing little to no evidence of weakness and remains in a bullish trading trend.
The recent trading breakout and follow-through confirms this and likely points higher into next week.
Upside price targets for SPY remain around $390 and stop losses should be raised to 379.23.
It would likely take a move below 364.82 to see any real acceleration in selling of the S&P 500 ETF.
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Author has positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
