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ContraryTrader

Still under some resistance

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ContraryTrader  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance Trend Lines
3
0
supportandresistance trendline
Yellow lines (Smaller channel)
Orange line (Split channel)
White lines -Bearish megaphone.

Needs to close over 443 (Split channel) or id be nervous swing calls. If it breaks above split 448 is the target , a rejection will lead to a possible test of 50ma. QQQ , XLK in similar situation

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