SPY weekly - cautious - 10/24/2015

market had a remarkable 2 days rally, SPY             managed to close above 40 week MA, which exceeded my expectation. Given the red resistance on price and RSI , I want to be cautious entering next week. Given it is only several percent away to previous all time high, down side risk is increasing. If it can take out the red resistances and make an all time high like above $213, I will be bullish again.
IN most recent cases when it dipped and went back up to touch, it dipped again before breaking it (if not going lower)
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
AR العربية
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