SPY weekly CLONING analysis

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I isolated 2 major swings and a smaller reference channel C swing and then I CLONED them. As you can see SPY             is setting at just about all 3 CLONES top boundaries. It will be interesting to see if a confluence of forward CLONES top boundaries will be hit in the future. I will start adding more CLONES if SPY             can clear the red line resistance and all 3 CLONES top boundaries. If this is indeed the top and SPY             begins a prolonged correction we could see SPY             fall to bottom of CLONE C3 support as 1st target.
Keeps going and not much in the way
......top boundary of C4 clone "HIT". Place another blue clone on top of C4 . Next near term target is about half way of new clone, about 212
>>>>>> CLONE CONFLUENCE RESISTANCE playing out well.
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>>>> interesting price action at key resistanceS last few weeks
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KevinT nmike
I guess it's on the support line now?
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nmike KevinT
@KevinT, since this is a weekly frame, we should wait til Friday to see what candle pattern forms at this confluence of resistance or support area
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....... 3 resistance points points broken last week. If SPY closes above this CLONE trend line this month (Aug 2013) here is the next likely target
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>>>> likely to test confluence clone and or red trend line resistance
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excellent call
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