SPY 209.95 = less than 20 daily closes achieved in the May to July period above the 209.95 level, and not seen for daily closes since July
* no major horizontal breakout in the upper levels takes place until price resides back above the 209.95 level for daily closes
* 208.82 = value of the rising 4-day sma which buyers must defend during future pullbacks, especially at each day's close
* no major horizontal breakout in the upper levels takes place until price resides back above the 209.95 level for daily closes
* 208.82 = value of the rising 4-day sma which buyers must defend during future pullbacks, especially at each day's close
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