CosmicDust

SPY weekly - early stage of breaking out - 12/05/2015

AMEX:SPY   SPDR S&P 500
spy
As of close of last Friday, price is above both resistance lines (red and blue) but barely. RSI initially dipped but now recaptured the breakout. These are all bullish sign. At least for short term.

A 2 more percent gain from current level will take it to new all time high. I will be more bullish if that happens, if ever.

As a cautious sign: 10 WMA is still below 40 WMA . 40 WMA is still pointing downward. Meaning this can still be a counter-trend rally and can still failure.
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
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