MarketSwingPlayer
Short

SPY - Price touched the trend-line and was Rejected

AMEX:SPY   SPDR S&P 500
161 7 0
SPY             - Price touched the trend-line and was Rejected. Price may fight to go back up but will definitely have pullback. Evening star reversal. Bearish engulfing and pullback confirmed on Friday
Probable Price Action on Monday,
snapshot
Reply
Price action confirmed down trend and pull back today.
Reply
Risky: Probably it is best to wait until after earnings announcements to decide direction of price. Market is moving based on earnings. Solid Companies like PCLN, MA. Let's wait for a low risk opportunity.
Reply
Do end of month fund managers make stock go up? Just curious. If so we may stay up till next month. Any thoughts?
Reply
osci MarketSwingPlayer
ususally this happens. this time the not so good earning season could influence the market. on the other side, the faster the fonds go up the better and let after that move all come down and rest...just thoughts. i use this link collection to get a bigger overview what happens:

http://stockcharts.com/h-sc/ui?s=%24NAA150
http://stockcharts.com/h-sc/ui?s=%24NAA150R
http://stockcharts.com/h-sc/ui?s=%24NAA200
http://stockcharts.com/h-sc/ui?s=%24NAA200R
http://stockcharts.com/h-sc/ui?s=%24NAA50R
http://stockcharts.com/h-sc/ui?s=%24SPXA150
http://stockcharts.com/h-sc/ui?s=%24SPXA150R
http://stockcharts.com/h-sc/ui?s=%24SPXA200
http://stockcharts.com/h-sc/ui?s=%24SPXA200R
http://stockcharts.com/h-sc/ui?s=%24SPXA50
http://stockcharts.com/h-sc/ui?s=%24SPXA50R
Reply
Thanks! :D
Reply
Price touched the trend-line and was Rejected. Let's see if another attempt to highs before shorting.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out