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mproger

SPY Resistance at 281, also overbought on the RSI

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
mproger  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators Rising Wedge SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Relative Strength Index (RSI) Support and Resistance correction reversal
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trendanalysis chartpattern indicator risingwedge spy spx500 relativestrengthindex supportandresistance correction reversal
Watch for a correction in the S&P soon, as it is officially overbought and is about to hit resistance as it breaks the rising wedge.
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