SPY close above the 200 sma, support level.

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Aug 20, 2015 3:16 AM

SPY having a confluence of moving averages "SMA & EMA" forming at 109.54, which are acting as resistance. MACD is showing no momentum.

Comments

displyn

⋅ Aug 20, 2015 3:33 AM

SPY has been range bound since 2/25/15 between 204 - 212. Great for iron condor and spreads!