2waytrading

$SPY Can Make You Rich If you Respect it

AMEX:SPY   SPDR S&P 500 ETF
335 0 5
Not that difficult to keep ripping a few bucks every other day provided that you understand a few very simple rules. If you are good at numbers, you can measure precisely where next likely rest area is. How high will it go from today's close price is now the question to ask now if it will retest recent low if that happens, the chance to see a rounded bearish top will be very likely and price will retrace 50% from Last October's low but before that happens expect a solid rest area being at 187.68. Before this happens, bears need to prove that it can take it above 50ema at and around 197.37 area before heading a real melt down. If you want to a real time alerts try us www.2waytrading.com
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