SPY Daily Bull Flag Broke This Morning Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Jan 7, 2013 6:00 PM

The SPY broke through the upward channel to the downside this morning on the daily chart. There are multiple support levels on the downside. 145.35 is the first, 144.73 is the second and then if we fill the gap, 142.50.