SPY Eyeing All-Time High

Nearly 30 minutes after the release of a slightly stronger than expected Jobs (payrolls) Report, SPY is attempting to push up through key near term resistance at 265.14, which if hurdled and sustained, should trigger upside follow-through to retest the all-time high at 266.80-- in route to 268-270 next. At this juncture, only a sudden price reversal that breaks 264.50 will argue that SPY is pressing back into its week-long range (265 to 263) for a while longer... Last is 265.00/01...

12 08 17 SPY 30 Min chart 852 GIF
12 08 17 SPY 30 Min chart 852 GIF

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