Watch List 10/28/2014
Pause day in the market after SPY hitting some overhead resistance at 50 MA. We are entering into consolidation zone between 20 and 50 MA with resistance over 196.45. Few days of consolidation will be …
szaman
Watch List 10/22/2014
Trend up and rally day in the Market as Bulls are still following through on a “V” shape rally. SPY still has some room on top to old 100 MA /50 MA and trend line resistance. …
Watch List 10/09/2014
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. …
Watch List 10/07/2014
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 …
Watch List 10/03/2014
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 …
Watch List 10/01/2014
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 …