SPY (S&P 500 Index ETF) Technical Analysis

SPY has made a higher high in the daily chart. The next major resistance level is $283.06 and then the all time high of $286.63. If we get a bear break this morning and open lower the bulls will be looking to form a higher low compared to $279.06

Daily Chart: Support $279.06, Resistance $283.06, $286.63

Weekly Chart: As you can see on the weekly chart SPY has a higher high with the next major resistance level being the all time high of $286.63.  Support levels on the weekly chart are the last two higher lows at $268.49 and $267.76

Weekly Chart: Support: $286.63, Resistance $268.49 and $267.76