The Weekly SPY is exactly a Year on from last years high.

Hi Everybody,

The Weekly SPY is exactly a Year on from last years high, please see the Chart. We are also at the MTPredictor maximum DP resistance zone, so I wonder whether this gives the market a reason for making a reversal from this level?

For me, the yearly anniversary (Week of Feb 18, last year), to last week (week of Feb 16), is a significant point in time.

So lets see what happens from here ?