bigrediska

Bullish and bearish signals received.

AMEX:SPY   SPDR S&P 500
60 0 0
I took my chart published last week, and see what has changed.
Bullish changes: 1. Bollinger Bands turned upwards. At least this gives you the opportunity to move the stop.
2.The bear flag was broken up.
3.Has not made significant move outside the bands.
4.The basic indicators(MACD+RSI) point to continued rise.
Bearish changes: A given last week target has been achieved. This means a significant weakening of the positive momentum.
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