SPDR S&P 500 ETF TRUST
Panjang

SPY is going to 580

SPY broke above the flag on the 4H and the next resistance is the 580 defined by the trendline.

There is also a lot of call flow for 580 expiring this October 25th so that will be a
Unless Bears can smash it below 572, the trade idea still stands

The 580 will also take it over the monthly bollinger bands and setup the market for a nice reversal

Penafian