AlexandreFF

S&P 500 SPDR*

AMEX:SPY   SPDR S&P 500
232 0 0
For now we can see the parabolic SAR is bullish which means there have been some buyers. I think the price can hit the first resistance. If it goes above it it and breaks the triangle resistance we can have a run to 188 zone.
In Yellow we have our principal trend supports which i think the price will hit over the long term. We can also see the alligator is starting to look bearish but still didn't break the red line. We can take it as a bearish signal for the price if it breaks the red line
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