Looks like we'll reach the 121x level on the snp. I'll leave out fundamentals like helicopter Ben and QE2, sticking with pure ta for the purpose of the thread. On the attached weekly chart of the SPY, we have a double top forming at the 121 level. However, we also have a lazy W which is bullish. If we break above the 121x, I believe we will continue the trend, and the move up looks to be strong. However, if we pull back around the 113 level (-7%):eek: Opinions?