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pnaik732

Parallel channel resistance

SPDR S&P 500 ETF TRUST (BATS:SPY)  
pnaik732  
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
SPY seeing parallel channel resistance in a channel that has been grinding up for a while now.

A break up would be shocking, but possible....

more likely we go back into the middle of the channel but the way this market is going who knows

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