We would have much preferred a visit to the 50SMA but the bulls went with the news and didn't relinquish an inch to the bears all day long.
It's hazy out there and we're sticking to pure day-trading as we can't see a clear direction on the SPY. On one hand it looks like we're going to go visit the 200 SMA and resistance at 94, but on the other hand volume was light and this one-day bounce will need continuation before it can be believed. Much too blurry for our taste (and the few number of set-ups we have for tomorrow reflects this).
