BTC-HONDA

SPY Still bullish to 235?

Long
BTC-HONDA Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
No change to the SPY. I am still watching it as a massive symmetrical triangle breakout. We have just been consolidating outside the pattern in a minor triangle on declining volume. I believe CPI will be good and it will be the catalyst to break us higher towards 425-430 intially but eventually, 235. This should provide good upside relief on BTC since most of its down side move has finished on a spike in volume.
Comment:
"but eventually, 435"*

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