We have noticed that the market is up trending and whenever the price has evolved close to the blue line and the red doted up trend line, it was followed by very violent price change. Therefore, beware, as the price is at the moment evolving around the red dotted line. Besides, the price has shown also elastic movements, coming back again and again to its previous break points.
Keep all those information in mind when evolving on this SPDR S&P 500 - SPY market.