SPY weekly - consolidating in triangle - 12/11/2015

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Dec 11, 2015 11:28 PM

Next target appears to be the purple support line. It tried several times to go above 40 week MA but has not succeeded so far. Note downward RSI channel and downward pointing 40 week MA.

SPDR S&P 500 ETF (SPY)