Rocketman

SPY: Resistance Turns Into Support

Long
Rocketman Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
(1) That which was once resistance is now support
(2) Fib confluence at support
(3) Moving averages all pointing up
(4) Stochastics oversold
(5) MACD still positive
(6) Other traders and Equity Strategists: Credits to the big "Ciov": A 3,025 target for the S&P 500 for the end of the year 2019.
www.marketwatch...rama-2019-05-07?mod=mw_the...
(7) I like buying t this price too:
Comment:

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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