2X
Long

Near-Term SPY Volume

2X  
AMEX:SPY   SPDR S&P 500
65 0 1
Bullish indicators:
The near-term high volume support area of SPY             indicates (at the moment) that support is holding.
Near-term Stoch also is close to oversold.

If support holds then a 80% up day (on NYSE) would confirm bullish trend and set-up for a retest of highs. (Go long if this happens for a reduced-risk play. AKA - buy on dip recovery.)


Risks:
A *close* below 183.4 would negate bullish bias. Expect a fall to channel low - maybe 180.
Investors could freak out on Russia - but this is unlikely. From high VIX             readings fear is already worked into the market for downside protection.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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