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$SPY : Moving higher at slow pace

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) esfutures
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trendanalysis chartpattern spy esfutures
$SPY was climbing steadily yesterday when it had a liquidation break late afternoon on comments by a FED member. $SPY closed up 0.92%

$ES futures are again trading higher about 16 handles.

Close ahove 286.5 can then target first 290, then 293.

Close below 284 will put $SPY under pressure and target 280.
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