SPY on weekly stays the course LONG

6 Nis

SPY on the weekly chart is up 25% in the past six months. This is beyond its historical norms

even during a presidential election year. While there has been some volatility in both directions

the climb is consistent and persistent. The indicators serve to document this. The predictive

algo predicts more of the same. A price cut when the fed gets around to it will serve to sustain

the trend. Lack of it through the summer may cause a fade of momentum. Make hay while the

sun shines.

9 Nis

İşlem aktif

SPY is recovering from a 1% sell-off at the opening bell. Inflation data coming in

tomorrow. This was a dip- buying opportunity for those who caught it.

17 Nis

İşlem aktif

SPY maybe rolling over down 4% from the April 1 high pivot

18 Nis

Not

25 Tem

İşlem aktif

SPY appears to be finished with the correction and making a move higher in the back part of the trading week.