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BullMood

SPY is killing me!!!

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
BullMood Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) Stocks daytrading
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trendanalysis chartpattern indicator spy stocks daytrading
As you can see, We have the double top pattern on the 1 hour chart representing a bearish reversal. HOWEVER...
Once we break through the 403.15, price will continue to go up.
Next key resistance is around 408.
* Watch for the downside, Once the price falls below the 400.
Trade closed: target reached:
as was predicted, we entered for a call option and took profit when reached 408.
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