SPY Mon 10-6

10-6-14: Continuation of the Thu/Fri bounce may be the path of least resistance early on. But I am a bit skeptical of how far the bounce can carry. Levels I'm watching and deem important are marked. The market did break out and close above the old trend line from the ATH's and that should help short term. Should market continue up today, the 198.28 level may be a cause of resistance short term.

targets above: 198.28, 199.60 , 201.14
targets below: 195.75, 194.60