jakelikesstocks

SPY Weekend Update

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Symbol: SPY

Indicators
Laguerre RSI
ALMA x2

Thoughts...
SPY is at all time highs so we should expect some hesitancy. I wouldn't be surprised to see a test of the grey support line.

Things to Note...
The lagRSI on the 45 minute time frame is starting to get shaky which could signal a big move... We will have to see if we cross above the upper line to see a bit of selling pressure.

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