The SPDR S&P 500 (NYSE:SPY) is stalling at the hourly 200-moving average ($278.37) on the chart. As noted below, a 60-minute time frame close above this key resistance level will trigger a move to the $281. Watch the pattern over the next few hours.
The SPDR S&P 500 (NYSE:SPY) is stalling at the hourly 200-moving average ($278.37) on the chart. As noted below, a 60-minute time frame close above this key resistance level will trigger a move to the $281. Watch the pattern over the next few hours.