Clear rising trend here for SPY. The trend line would be a great area to buy the dip. However, if the price breaks the trend line, clear opportunity for a short. The upper green dotted line is the all time high. 
SPY
SPY
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.