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Long SPY

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
KeyTrade  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Trend Analysis SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) SPX (S&P 500 Index)
3
0
chartpattern trendanalysis spy spx500 spx
Just like QQQ, SPY has approached my indicator's oversold level. Everytime in the past, it has a decent bounce, 5%-10%. Consider we are in the 9th inning of this cycle, lets shoot for a 5% bounce.

I would accumulate longs at around 2600-2650 level if there are any. For a target price 2750-2780.

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