International Business Machines Corp. (NYSE:IBM) is trading at $199.70, +1.18 (0.59%). At this level, the stock has hit a double top from June 19th, 2012. With an extended move in place, it is likely the stock will begin to pull back in the next few days. The SPDR S&P 500 ETF (NYSEARCA:SPY) is also nearing major resistance. ...Continue reading here: http://bit.ly/NwFWMa