SPY has had a nice run for a while now.....it b/o to new highs last week only to close below the previous day's close....pssble bearishness for the short-term....if it breaks the intermediate trend line around 180.50 then it could begin a new trend w/ the 1st. tgt.=177 & 2nd tgt.=175 which are both the 23% and 38% Fib levels respectively.....the area it needs to hold is the 61.8% Fib around 171 for any continued macro bullishness