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MichaelGLamothe

Price Action Tightening, New Support Created

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MichaelGLamothe  
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPDR S&P 500 ETF (SPY)
4
0
spy
SPY broke back above its 50dma today. Volume was below average but it has been climbing over the past several days. Also over the past several days price action has tightened on the daily chart and support exists right around 204.
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