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tradearcher
May 29, 2016 6:11 AM

(W) Eager recovery since Feb. and last week's weekly rush. 

SPDR S&P 500 ETF TRUSTArca

Description

Last week it covered the trading range from 205 to 210. Has not spent much time above 210, and 213.78 is within range (or maybe R1 pivot if bots are loose). MACD still bullish, since no bearish xover yet. RSI near 60 with room to spare above.

Stalk your entries and follow you plans. Patience pays.

Should it flush? Then 200 support retest likely. Especially if similar bearish participants in recent pullbacks reemerge.
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