khboker

spy best guess only time will tell......

AMEX:SPY   SPDR S&P 500 ETF
42 0 0
Weekly chart conversion line 181.36 and daily baseline 181.37,
the trailing line has room to move down into circle area without
breaching the cloud, allowing the price to move backup and
maintain the bull trend. This is only a guess, but what else can
we do in this interesting market. the weekly long term 10-50ema
is still positive, but chart is looking a little heavy. Good luck trading,
and lets hope we just get a pull back with a continued bull trend
ONLY TIME WILL TELL>
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