AlexandreFF

My opinion on SPY interesting to see.

BATS:SPY   SPDR S&P 500
341 4 0
Even tough EMA got crossed, the stock has a possibility to go down the bounce back on the rsi support. I believe a small short can be placed. Even tough 21 MA may also give a nice support. The prices seem also very flat for now. I could have placed a resistance at ~177. Furthermore this resistance was beaten. I don't play with SPY             for now, i don't bet on feelings, i'm don't have a cristal ball. What i can tell you is that investors don't know what to do for know as prices, have been quite flat.
Ruby
Market Direction Prediction.
They be runnin it up for Options Expiration end of this week then they sell this pig off but what a run
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I agree with you gal, also if you check the all time S&P 500 we already passed the H&S neckline break. Even tough crisis isn't finish !
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Technician PRO AlexandreFF
According to your parameters, price is flat (in consolidation) but within uptrend. Accordingly, a trend-follower would continue to long this market until a downside breakout prove it wrong.
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AlexandreFF Technician
Thanks technician always great to have your opinion !
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