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Algokid

SPY Observation

SPDR S&P 500 ETF TRUST (BATS:SPY)  
Algokid  
BATS:SPY   SPDR S&P 500 ETF TRUST
0
3
nothing fancy, just trying to identify past and future resistance point , based on past high and lows, and also long term trend.

Tracing a line from the 1998/1999 highs , it's seems that the SPY has reached a resistance point (RED)

The green is based from the 2003 lows.
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