TomPip

SPY Weekly RSI pivot next week

AMEX:SPY   SPDR S&P 500 ETF
spy
46 0 0
spy
Will be interesting how SPY             behaves around the descending RSI resistance. No position at the moment. Bullish overall, but short term bearish due to possible exhaustion. If this is like October 1998, then the rally has just started.

Good luck.
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