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abigreen

SPY decision making

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
abigreen  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
Great opportunity for swing trade.
SPY is at the resistance of the downtrend channel. If it brakes it, we may see ATH for Santa Rally.
I will take short position with UVXY if I see the weakness today and long position with SVXY if it brakes resistance and holds with confirmation.
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