TECHNICAL OBSERVATIONS

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Sep 7, 2016 11:44 AM

SPY has broken out from all this VolumeProfile "Chop" between 218.60s and 217.80s. Bullish case, we re-test 218.60s, hold, and this baby may finally see 220. Bearish case, we simply get trapped in the "Chop" again until the next catalyst.