SPY ORB Breakout Signal
LONG Signal - SPY Entry: $595.50 Stop Loss: $593.75 (-0.3%) Target 1: $597.25 (+0.3%) Target 2: $599.00 (+0.6%) Confidence: ★★★★☆ Signal Analysis The opening range (9:30-10:00 ET) established a range of $594.25 - $595.50. Price broke above the opening range high with above-average volume, triggering our ORB long signal. Supporting Factors VIX declining from open QQQ showing relative strength Positive pre-market futures Dollar weakness supporting equities Risk Management This is a day trade signal. Position should be closed by market close regardless of profit/loss status. ...