looking to fill
Setting up for a bounce...
Several areas to bounce
A day after the big FED news ; price is rangebound
Gold can't seem to regain it's footing
Silver remains in a longer term downtrend - even with the Fed driven asset bubble's announcement yesterday to continue to print money - Silver remains in a longer term down trend; - Back and Fill - move along - nothing to see here.
Gold Exploded higher on lack of FED Taper.
A good example of why you can't be in the market during FED announcements - volatility kills.
Usually a good bet;
Today was an inside day -
Market Puts Up and Inside Day
Spike and Channel Day
Holding above 80ema
The trend line back to 9.3.13 is offering support for SPY
Large Unfilled Gap
Price Action moved lower yesterday
171.24 is untested
170.50 offers some resistance
Prior Day H/L
1. Opening Swing .43
2. Selloff near thursday's high
3. Price moves below thursday's close
4. retest prior day's low
5. close above prior day's close
6. 11am price moves higher into bull flag
Support and Resistance Levels