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SPY closes above resistance

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
SPDR S&P 500 ETF (SPY) LONG s&p500long S&P 500 (SPX500) standard AND poors
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spy long s&p500long spx500 standard and poors
Hey guys

So right at EOD today the SPY pulled above the resistance line we have been watching for a few weeks. The green arrow represents my expectations. Since we closed above the resistance I'm expecting it to act as support. The yellow lines represent other possible situations you should watch for.

Thanks! Good luck!

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