SPY Resistance line

CHART-III

• SPY Breaks the resistance line as discussed in the second chart.
•  If price sustains above the breakout level next target is 130.40 level

CHART-II

• SPY Hits the resistance line.
• Price momentum is with the bulls so a breakout is likely to happen.

CHART-I

• SPY Four hour chart with resistance line.
• Price may reach 129.50 level.
•  Further up move will be possible only if price sustains above the resistance line shown in the chart.
• SPX ASCENDING TRIANGLE