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willgeorgejr

S&P Continues to Develop Ascending Rectangle -- Bullish

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
willgeorgejr  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Support and Resistance Rectangle SPDR S&P 500 ETF (SPY) market Bullish Patterns DIA QQQ
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trendanalysis supportandresistance rectangle spy market bullish dia qqq
Although SPY's counterpart DIA broke through resistance last week, SPY has maintained itself within the ascending rectangle pattern.

While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future.

Market is still looking great though.
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