GeoPax

Bullish on SPY

AMEX:SPY   SPDR S&P 500
295 2 1
SPY             has decisively closed above the 200 DMA, rallying in the last 30 minutes on Friday. The market seems poised to return to the year's highs as it moves up a channel. However, expect a small pullback to the top of the triangle that has been formed in the last 4 months or to the 50 DMA.
well done!
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Please take a look at the blog which I am currently working on and give me some feedback!
http://themarketbull-jaco.blogspot.com/
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