This is my forecast for 2015 SPDR. This is just a cloud and is not intended to give tops and bottoms. This is also not how technical analysis works. This is just what I foresee. I expect the price to be within this cloud... I'm expecting the price to continue to go higher until summer. After summer, we shall start seeing selling pressure to come in...
Cheers,
syava
Patience is all what it takes. Next week is very important week for SPDR; whether the price will break that minor resistance level and head to daily resistance or sell off is on it's way. If SPDR breaks below this box, then TOP is in and it's heading to 182. On the other hand, after big move from mid-Oct to Dec, SPDR could be in a consolidation mode before heading...
