$SPY Analysis: Understanding the Performance on July 6th

Today was a relatively calm day in the markets, with the market moving in a slow and steady manner. The trading strategies that were implemented were successful, resulting in a profitable day for the trader.

The pre-market analysis had identified the SPY range for the day as being between 379.42 and 381.20, and the market ended up following this range closely.

The SPY bulls had a goal of holding the price above 380.120 in order to maintain control of the market, and the SPY bears had a goal of getting the price below 377.44. The SPY bulls were successful in achieving their goal, and the market saw an upward move after the release of the FOMC minutes. The SPY is currently pushing towards its target of 386.21, and the plan for tomorrow is to continue monitoring the market for potential trades based on the established ranges.

During the day, the trader took profits on swings in AMD and Apple, and also entered and exited a short position in the e-mini contract. The trader noted that the market was relatively quiet and sideways, which was in line with expectations based on the analysis from the previous day.

Overall, it was a successful day in the markets, with the trader being able to capitalize on the established ranges and successfully execute trades based on the established game plan. The trader will continue to monitor the market and look for opportunities to enter trades based on the established ranges and trading strategies.