AMEX:SPY   SPDR S&P 500
283 5 4
From a few weeks ago - We have lower low in place. First time since 2010.
Totally agree. Even though I think the market will have a 20% adjustment totally, the trend is still up until proven wrong.
Reply
Oil seems to either be the driver or the indicator to watch as to where SPY bottoms, if it is does.
Reply
KLang PRO claydoctor
I don't see it
snapshot

But, it is an important part of the S&P.
Reply
Great observation, klang! Do you see that $195/$196 SPY uptrend line being retested? I'd say the bulls have to push above $190 asap to pick up steam for any upside push, even if its short-term in nature.
Reply
KLang PRO Syncubate
The only pattern I see is an IHS on the 60min chart - even if it confirms, I don't think it will fulfill. My feeling is, it will be a volatile market. I have no idea if the bottom would be re-tested, but it it were tested successfully, I'd consider that bullish.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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