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$SPX - MACD recycled back to zero and 50 SMA held
SPY - as you can see on the 1 min chart, the pullback was very choppy and ovelappy, that's not impulsive, so the action argued for another move higher
closed it out flat. it didn't want to break down, and I didn't want to hold it to tomorrow!
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5 min and 1 min
Posted by matt on 22nd of Dec 2011 at 03:27 pm
$SPX - MACD recycled back to zero and 50 SMA held
SPY - as you can see on the 1 min chart, the pullback was very choppy and ovelappy, that's not impulsive, so the action argued for another move higher
closed it out flat. it
Posted by frtaylor on 22nd of Dec 2011 at 04:02 pm
closed it out flat. it didn't want to break down, and I didn't want to hold it to tomorrow!