SPY 10/18 Weekly Analysis:

Weekly Recap: On Monday 10/11 SPY Rejected Off The Upper Weekly Trendline At 440, Retracing 8.50 Points. Consolidated For A Day Then Had A Massive Rally To Finish Off The Week Strong; 14 Point Rally In 2 Days, Creating Multiple Gap Downs To Fill. We Ended The Day Friday At A Key 446 Level - Look To See If We Create Support Here For Another Leg Towards 450 Or Reject & Fill The 440 Gap.