AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
AMEX:SPY
Once spy hits 266.7 I will Take some profit. If spy cannot break 266.7 the previous resistance level I will sell my shorts. If it does break 266.7 I will hold till 264 the 50% Fibonacci retracement level or 262 the previous support.
If spy does not break 266.7 then I will wait for it to retest this level and be bullish till 273.4 the previous high. I will take some profit here then if it keeps going up I will hold till 280 a major resistance level .
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