options-play

SPY weekly chart

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
293/294 is acting major resistance on top channel, that was 3rd weekly decline at 293. It will get worse if 273 breaks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.