szaman Nice follow through by the bulls after couple of days off digestion action. SPY bounced yet again short term momentum 8 day moving average and made another 2016 high. Next resistance 207.79 followed by 208.48. Support now at 8 …
Choppy digestion day on Indices. SPY closed on short term support zone.Next support is at 8/20 and 200 MA . Some nice action on individual stocks. Seems like lately everyday, random biotech name will make big run. We have …
Fresh new 2016 high in SPY after a dip to 200 MA and bounce. SPY support now is at 8/20 and 200 MA with resistance at 207.30 and 207.80. As i mentioned in the last post, healthy action the …
SPY gap down open to 200 MA but bulls could not wait to buy the dips, and closing market at the high of the day. SPY support now 200 MA , 201.80 followed by 20 and 100 MA 200 …
Grinding action continues in the market. SPY grinding up over 8 EMA momentum moving averages. Support at 8 and 200 MA followed by 20 MA. However, it wont be surprising to see a quick pull to 20 and/or 200 …
Slow grind up rally continues in the market. Nothing new to report on SPY chart, grinding up over 8 EMA momentum moving averages. Support at 8 and 200 MA followed by 20 MA. Some reversal action on oil names …