themarketzone

The Fed's line - Simple 18 period SMA line is all you need

AMEX:SPY   SPDR S&P 500 ETF
49 0 1
The Fed did it again!
The SMA line still holds despite Russia.
Although we do have an Outside Bar in the weekly chart, make sure that you do not push "ALL IN" on the bears, at least until the Fed's line breaks.. and than, hope that Bullard won't show up :)

Read the new blog post in my blog
http://marketzone.tumblr.com/post/105636950035/it-isnt-a-normal-market-but-thats-what-weve
Special ECB preview - https://goo.gl/hZMkYY

Tomer J,
The Market Zone - You trading Edge
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