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rolldice

SPY - Thoughts on coming days - 376 important short term level

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
rolldice  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
I think we'll see sideways trading today and tomorrow with a period of selling friday or early next week down to test current trendline

376 is looking like an important level here, if that fails I'll be looking for bounce on trendline. If that fails, I think we'll be testing a previous gap up which also looks to be hitting on the longterm (daily) trendline.
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