SPY can't break through resistance, will likely fall

SPY, on weekly chart (and, to some extent, on daily chart as well) has been having difficulties crossing the marked upper pitchfork line which makes it likely that SPY will fall. The monthly/long term outlook remains bullish though.

Komentarz:

that was right on, yesterday SPY fell 1.59% and I expect more to come (to fall, that is).