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SPDR S&P 500 ETF TRUST

Will History Repeat?

Di McG16
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One of the most satisfying moments in charting is opening up an old chart tab to find S/R levels that really hit the spot. I believe these S/R lines were drawn in July before the SPY rally to 430. When I looked back at the chart, I saw something that looked familiar...

July

istantanea


Today

istantanea

I plan to use the top and bottom lines combined with volume for breakout trading. Good luck all.
Nota
Played a quick call on the bounce at lower Support line. Quick in and out.
Will we see the precious patterns play out? Gap up to breakout?

istantanea
Nota
Today
istantanea
Chart PatternsSupport and ResistanceTrend Analysis
McG16

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