SPY neutral – Potential to test August’s 182.40 low

SPY             189.75 bearish – Potential to test August’s 182.40 low

SPY             reversed lower off the 192.49 high (October 1, 2015). Given the weak indicators, there is scope for further downside. Below 186.93 (September 29, 2015 low) would extend the current decline to test the 182.40 spike low (August 24, 2015). Below lies the 181.92 key low (October 15, 2014). However, if bulls are able to reclaim the 192.49 resistance area , that would relieve the downward pressure and shift the focus towards 195.00 (September 25, 2015 high) which is near the 20 day moving average currently at 194.34. Only an upside push through there would stabilize the structure.
Daily: neutral
Weekly: neutral
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out