nmike

SPY 30 min CLONING update

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
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2
SPY COULD NOT GET BACK ABOVE KEY RESISTANCE. NOW IT"S BACK IN THE DOWNWARD CHANNEL .NEAR TERM PRICE TARGET is $140

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Can you give any information about smii indicator?
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nmike TUNAHANFX
Hello. The SMII indicator is also known as the TSI (true strength Index).It is one of my Favorite. Here is more information: http://stockcharts.com/school/doku.php?id=chart_school%3Atechnical_indicators%3Atrue_strength_index
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>>>>>REJECTION AT KEY RESISTANCE.....
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It missed the $140 target by about .40 cents, but it did hit the bottom of the CLONED channel
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