szaman Bounce day in the market after a huge sell off once bears managed to took out that 100 MA , as we wrote about in the last blog post. However, market manged to hold the low from October 2nd, thus creating a short term double bottom pattern which triggered a short covering rally today. …
Gap up and fade day in the Market as SPY could not clear the overhead 50 MA resistance. Market is in the mid point here, Bulls want to see SPY over 50 MA and Bears will …
Bounce day in the Market after SPY breaking down the long term trend line and 100 MA as we have been talking about in previous posts. Even after the bounce today SPY found resistance right on …
SPY is stuck on the lower range of price pattern and between 20 and 50 MA . This 20 and 50 MA “Tween” area usually is a chop zone so make sure to take your gains …
Bounce in the market as SPY bounces the lower range of that broadening pattern it has been stuck on. SPY is back in to the wide range again. Thursday’s low is a pivot now, Bulls wants …
SPY bounced lower bollingar band as expected and we are back. Let’s see if Bull can follow through on this move. Decent range and price action for active traders out there. We are having another great …