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HadiDoesTrades

Bounce Then Drop

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
HadiDoesTrades Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance Trend Lines
8
4
supportandresistance trendline
Expecting a bounce to 337 (or where the top of the trend line hits depending on day) if we pass 332 then a drop to 324~326, eventual drop to even 310 or lower possibly.

I don't expect we pass that upper trend line any time soon.
Comment:
I would consider the pullback over if we close above that upper trendline. Otherwise we could bounce back down.
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