SPY: New Run To Rally Highs?

SPY-- Onward to tomorrow's November Option Expiration. Unless SPY rolls over, breaks, and sustains beneath 448.00 (see my attached chart), my pattern work argues for one more thrust above Tuesday's high at 451.76 into the next higher magnetized strike prices from 452 to 454...

Yes, the October-November vertical upmoves are showing signs of froth atop their 10% advances, which if nothing else is a cautionary condition that warns us that a violent bout of selling could emerge any hour now. 

That said, my SPY pattern work has a support line-in-the-sand at 448. As long as 448 remains viable support, the likelihood of price buoyancy-- and a run to new rally highs into tomorrow's close remains intact. Under 448.00 however, all bets are off... Last is 449.56

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