Below $168.75, Above $170, possibly $169.75 if it shows strength
"D" time frame can go either way, "C" time frame can go either way (though a Head & Shoulders developed, measured move to about $166.30), "B" time frame I would consider a sell signal trigger (down arrow) with a stop at $170.20ish. The "A" time frame, it has had opportunity but no committment. Three red doji candles on the 20-day MA don't look all too strong. You also have to consider the fact that whenever the SPY has a problem with resistance it has often times had a gap to, or above, that resistance. Just saying that a gap up momentum move wouldn't surprise me, neither would decent selling.
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