nmike

SPY mid week update

BATS:SPY   SPDR S&P 500 ETF TRUST
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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

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Agreed.
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sorry folks, that should be KEY SUPPORT...
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