SPY breakout from an ascending wedge. Pretty much however you slice it, looking quite bearish. MACD and RSI support this. Unless the Fed/Government prints some fresh monopoly money, common retrace zones will put you in the 280-270 range in the near-mid term.
My opinion only, not advise to buy or sell, I am not a professional trader/ financial advisor. And this is my first post... lets keep it real people!