nmike

SHORT TERM SWINGERS.Take some profits.

Long
BATS:SPY   SPDR S&P 500 ETF TRUST
335 views
1
SHOOTING STAR @ 2 RESISTANCE POINTS.Long term trend line ,short term trend line @ top of KC band.There is also a negative DIVERGENCE stochastic .LONG TERM TREND IS STILL UP.

Comments

We did have 3 down days since publishing this chart.You never go wrong taking SOME profits along the way, today we have a huge gap up. Let's see if we can break the 2 resistance points.The long term (monthly chart)is still BULLISH.
Reply
Followed.
Reply
Disagreed.
Reply