SPY
While the SPY closed down today and closed below the HMA, it is still inside the upward channel, above the cloud and all signals/assessments from yesterday are still valid. With the news floating the possibility of FED reinstating Operation Twist, expect SPY to meander in the general upwards direction.
While the SPY closed down today and closed below the HMA, it is still inside the upward channel, above the cloud and all signals/assessments from yesterday are still valid. With the news floating the possibility of FED reinstating Operation Twist, expect SPY to meander in the general upwards direction.