Crinklebine

SPY - State of the Union

BATS:SPY   SPDR S&P 500 ETF
90 0 0
I think this weekly chart illustrates the bull/bear outlook. A close above 169.07 gives the bulls control and a close below the rising trend line gives the bears control. A trader can go long or short right now and put the stop loss at a break (on a daily closing basis) of the appropriate trend line indicating the bias was incorrect. Best trading.
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