Weekly Spy

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Spy             still holding nicely, notice the distance from the 100 ema has maintained a range since last may ( ppo ), the weekly 10/50 looks strong, and the price is staying within the Lin-reg. OBV not shown also looks to have held and is moving up again, with the Russian issues it should be another interesting week, although a little milder as the Fed will not be speaking. Although spy             held up nicely last week, the biotech took a hit, IBB             is still within it s Lin-Reg, but did move from above it to the middle line. sectors will be interesting to watch as we move into the summer months. We are staying long for now, keep an eye open, and everyone have a safe weekend.
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