Replies to post #341346 on SPDR S&P 500 (SPY)

[Wishthiswasmyjob]

I agree...
The indexes still show solid overhead resistance -
developed over the last month +

SPY support/resist line can be drawn here at 411.50-412

IWM with a classic topping pattern....

today seemed like a short squeeze, twice, and all it
seemed to do was deplete the short covering fuel.