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Keep an eye on SPY weekly channel

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators Chart Patterns SPDR S&P 500 ETF (SPY) Divergence
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trendanalysis indicator chartpattern spy divergence
Notes are chart.
Especially during this volatile market period, these SPY charts can aide your macro view.

Use caution with option trades on SPY. Heed the trend on shorter timeframes and make good decisions. Option prices fluctuate greatly due to factors beyond a retail trader's control.

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