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bangis6033

looking at the key level on SPY

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
bangis6033  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators Chart Patterns Trend Analysis SPDR S&P 500 ETF (SPY) spy500 spylong spyshort
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indicator chartpattern trendanalysis spy spy500 spylong spyshort
SPY might make a bounce to the upside considering the level it is right now, you can see in my chart how it made an inverse head and shoulder and break out up. Previous resistance might be a support right now.
Another thing to consider is, we are at the end of second quarter for the year.
NOTE: Overall picture is still towards the down side.
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