SPY $213.21: 3.5-month rising triangle breakout projects higher

SPY broke out of the 3.5-month rising triangle resistance (linking 212.24/212.48, as shown on the 240-minute chart) to confirm the long term uptrend continuation and open new targets at 217.05 ahead of 218.50. The immediate support lies at 211.86 (May 15, 2015 low). Below rests the stronger 208.63 support (May 12, 2015 minor higher low).
Outlook:
Short term: bullish
Long term: bullish