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YoungSlav

SPY Nearing Ceiling of Channel on 4 hr

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
YoungSlav  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) 500
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trendanalysis chartpattern indicator spy spx500 500
Still some juice left I believe.
Watch for trendline rejection which coincides with mid Fibonacci Bollinger Band.

Alternatively, watch for test followed by bounce of support / resistance flip and close above mid bollinger to confirm short term bullish bias.

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