SPY On the 3 scenarios covered in Sunday's blog-this one worked-"If it comes in higher Monday, would be inclined to follow it to the upside in anticipation of more upside." And so it did, except on very light volume. It …
SPY Some mixed indicators which make is more difficult to read next direction. Volume on Friday light. Could not close above the prior week high 120.08. Closed at the top of the range of last week. Closed above the 200 …
SPY hard to know if the run today was the start of a bottoming formation or a good rally to last week's resistance. Incredible how it nearly wiped out yesterday's loss. A true testimony to the ongoing volatility. Fact-good follow …
SPY Inside day. Big Volume but not a Distribution Day. However, under the 200 weekly moving average and S1. Therefore, will watch to see if it can take out today's high which would also take it back above the 200 …
SPY Well I guess it took the weekly RSI to read oversold and one last flush after the FED meeting to get the rally we all waited for. Question now is how much and for how long? The longer it …