SPY weekly - breaking out, but.. - 11/7/2015

SPDR S&P 500 ETF TRUSTArca

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⋅ Nov 7, 2015 4:23 PM

Comparing with last week, both RSI and price are breaking out, so it appears more bullish. I am still not sure not if this is real stuff or a fake, and I think before a new all time high, risk/reward is unfavorable.

SPDR S&P 500 ETF (SPY)