JPMorgains

Stalking

49 8 0
Watching for break of 22.50 then 23 for triggers.
I'm following you :D
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what do you think of SPY after the closing for today?
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"The white marubozu candle indicates that buyers controlled the price of the stock from the opening bell to the close of the day, and is considered very bullish."
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lol marubozu i liked the name,
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how long that they can go far, to what level i mean for tomorrow based on marabou candle
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Oh I don't think it gives any level it just means that buyers were in control and now you watch to see if we get follow through to the upside. What you can do though in my opinion is trade against the lows of last week around 175-174 and use that as a stop level for any long position in SPY.
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I have seen a few chartists projecting this up move to finish around 181-182 before a pullback but that is only a theory until proven otherwise.
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mmm, yea I think as you said I will watch closely, thank you
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