$SPY BACK AT THE TRENDLINE

We are back again once again to test this top trend line on the WEEKLY chart. If we BREAK ABOVE that basically sets the fire for a BULLRUN... and Vice versa if we REJECT then we got more room to the downside. Once again we are in a make or break stage in the market and we need to be prepared for both sides. whichever way she decides to go. We also have big name earnings which will play a big role into price action as well


News events:
PMI News 8:30am 01/24
GDP news 7:30am 01/26
PCE and Home sales data 01/27



SPY