SPDR S&P 500 (SPY)

[NetNeutral]

Wow, Good Stuff, great contribution, I'd really like to see a Gap down and tagging of the S6(321.24), then strength the rest of the day with a Green close, that would paint a Nice Daily reversal candle!??

That said, I can not blame Bears for being excited because this daily chart looks really Bad(those red Diagonal lines are identical to the March Drop) and until Spy breaks above that red diagonal line this portends another Drop of Meaning!??

BUT, if Spy can close Up on Monday and reach for da-Sky on Tuesday then we may have not only a break-out but a New ATHigh thingy on the table...

But until that Red Diagonal line gets breached one must have a bearish Bias with some long plays thrown in to Fade dare short bias??

Good trades...