nmike

SPY mid week update

BATS:SPY   SPDR S&P 500 ETF
230 2 4
The week is not over but so far it does not look good . Bearish candle pattern developing with NEGATIVE DIVERGENCE and an overbought STOCH RSI turning down. If SPY             doesn't hold KEY resistance,watch for price to fall to near term target of 138
Agreed.
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sorry folks, that should be KEY SUPPORT...
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