RMTrade
Long

SPY to 227 by September

AMEX:SPY   SPDR S&P 500 ETF
91 1 0
Fib analysis ... we're at the 0.236 level currently - see how the 198.65 price lines up with the 0.618 level. MACD - look how the blue & orange lines are sloping upward and are far apart - showing strength. RSI 14 sloping upward - this theory requires RSI to get above 70 and hang out there for 1 1/2 months - this has happened before. VIX             can stay down near 12 to 15 for a while when prices rise.
snoopy11223 PRO
7 months ago
The indicators are very good however with all the economics of the world and experts are leaning toward dry powder...well watch for shorter term up trends and shorter down trends, or be prepared to have a perhaps short term down trend in this 2016 uptrend and lose a bit of money while waiting it out.
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