StocksAllDay

SPY Bounce Today, Can We Clear Resistance Next?

AMEX:SPY   SPDR S&P 500 ETF TRUST
Nice bounce off the psychological 200MA today as expected. If this buying momentum can continue, I would like to see this clear 265-266 and then hold it as support. If instead this acts as resistance then we may get some more selling. How low will the selling be? I would have to wait until it happens to gauge the next move.

Remember, charts are still quite damage and I need some more data points to get a better picture. :)
Stocks All Day™
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out