Spy …where to? (what a boring headline…) we are in an intermediate area clearly… the main trend is up in september we saw a the main trend being strengthened a secondary trend is declining the market stopped at a moving average 200 and since then has only gone up if the spy breaches the 280 level, there is a great chance of seeing a new high let's just wait for good/bad news, follow the Brexit… follow trump's tweets etc. .