AMEX:SPY
In this video I go over very general market conditions and express my bear case on the SPY using some simple indicators. This is not financial advise and was created for entertainment and educational purposes only. Do not use this video and its contents as a recommendation to buy or sell any type of security, the opinions expressed are of my own and...
We have pumped above what was the watched support and resistance at the 200-week EMA and the 200-week SMA.
The new realm to watch is on the daily chart between the 233-EMA and the 377-EMA with a leaning for a break above the 377-EMA and a move to $6000 where the 377-EMA then becomes support and 6500 becomes the next critical resistance target.
Staying long the...
