SPY - Looking at daily close resistance at 204.20 Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Jun 29, 2016 10:53 AM

I am watching the 204.20 daily close area as a possible heavy resistance area. This corresponds with bottom of cloud and previous support area which could now act as resistance. If rejected from this area we could drop to 182-185.