TraderSkyr

TraderSkyr

As the indicator creeps into the low 70s we could see a small pull back here to $216 area as MA support is tested.

TraderSkyr

AMEX:SPY is very near a short-term top but it looks like there is still some room to run. The current level of my indicator is 66.77 from recent Brexit low of 5.98. Generally, I'm not seeing significant profit taking until the low to mid 70s but there could be some shallow dips before it hits that level. I'm tagging $223 as a short-term =, short-lived "buy the...