You need a good option strategy. See the RED solid line and the Black solid line. that's is your range. RED SOLID LINE IS RESIATNCE LINE AND BLACK LINE IS SUPPORT. BUT ALSO BLUE LINE WILL ACT AS SUPPORT TOO.
FOR LONG STRATEGY: If SPY breaks the solid red line then goes up then it will re-test the upper black dotted line first and then come down to re-test the red line for long strategy. once IT TOUCHES OR RE-TEST U CAN BE BIT SAFE TO GO LONG BUT NOT NOW.