paul6545

SPY Weekly - Taking a step back and looking at 14RSI!

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Watching and learning from others. It is always a great idea to take a step back and look at the BIG Picture Took the time to go through the weekly chart to 'see' the divergences myself and "WHAT IS NEXT?"
200 week simple moving average is significant. Just when AKA 2021 ; and 2000/2008 the 200MA seams so far away - reality kicks in and we need a wake-p call! The hunt is on to find some other coorlation in the QQQ ; small caps and sectors - to gain the edge!

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