shecantrade
Long

No More Fear Mongering

AMEX:SPY   SPDR S&P 500
77 1 2
We have all heard it for weeks, the predictions of a market crash. Well today's price action is showing signs that the market isn't ready to roll. With price breaking the EMA's on this daily chart at 186, we are seeing that $SPY really does have strength left in it. A simple chart shows this picture clearly, no fancy indicators necessary.
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