john12

SPY Long Update Long off 50 day MA @ 422.30. Maybe short soon

AMEX:SPY   SPDR S&P 500 ETF TRUST
I am playing off the daily stoch turning up and the support of the 50 day ma
Pay attention VOL more selling then buying. Daily 4 days down 2 day up not a reversal
also each day it rallies it needs to have more vol then last we don't have that. Also no capitulation candle.
Weekly stoch turning over down side. took 3/4 off 433.50 still long small shares with a trail Looking SPY go 400.

Comments