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dvacapital

SPY breakout and retest and confirmation. New ATH next week?

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
dvacapital  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Trend Analysis SPDR S&P 500 ETF (SPY)
4
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chartpattern trendanalysis spy
Spy broke the resistance downtrend line that started in mid February. Last week it tested the old resistance and.confirmed as support. Once that happened, we had 2 straight green days. Textbook breakout, retest, resumption. Bullish!!
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