khboker
Long

Weekly and Monthly

BATS:SPY   SPDR S&P 500 ETF
49 0 0
Weekly and monthly charts are still holding, sure the month of January was a downer by a few points, but unless you are day trading, the movement down has not justified changing our allocations, "yet". We follow the chart and not the news. Price still within the linear regression channel, it has provided support in the past, and the green 10 is still above the red 50, the monthly chart is similar. we will wait for the chart to move our allocation, as for now we are still invested. we will keep an eye out for the upcoming week, hope everyone has a great week.
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