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Stocks are facing huge resistance

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Jfielder_strat  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis SPDR S&P 500 ETF (SPY) Stocks
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trendanalysis spy stocks
1) Currently in overbought territory

2) Approaching Triple-Resistance:
- Big picture bear market trend
- 200-day moving average
- $430 level/previous resistance

3) Support at $415 50-day moving average

4) Support at the 50-day moving average
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