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TradingWithTrends

SPY Inside Day, More Of The Same Tomorrow or Key level Break?

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
TradingWithTrends Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Support and Resistance Supply and Demand levels bulllish SPDR S&P 500 ETF (SPY) insideday
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trendanalysis supportandresistance supplyanddemand levels bulllish spy insideday
SPY bounced all the way back to the key 341.77 level. A break of this level should trigger an ATH+ run. Don't be surprised to see a double inside day tomorrow as market continues to digest stimulus talks.
Comment:
Textbook breakout, back test and go for SPY today. 344 and 347 levels up next. But if QQQ can't get over 282, SPY can't continue to run. Watch QQQ for breakout over 282 or SPY could fall back under 341.77
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