$SPDR S&P 500 ETF (SPY.US)$ Green or Red, bull trap or Bear trap

$SPDR S&P 500 ETF (SPY.US)$ I would expect to see this at 675 at least before any further upside, gone up too much and the market is too optimistic, very hard to fuel Santa rally at this position

$SPDR S&P 500 ETF (SPY.US)$ Institutions starts dumping soon