Looks right to me Roger with the weight of the overhead MAs and
the trading since May, but it needs to get some gusto into the
downside like staying below the daily 9 ema (orange) and busting
Steve's HS line. Volume looks to be supporting the downside so
far
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SPX DAILY
Posted by roger on 3rd of Jul 2013 at 12:53 pm
every thing in negative alignment - might be a good place for some SPXU
https://stockcharts.com/h-sc/ui?s=SPY&p=D&b=4&g=4&id=t78374314635&a=302953060&r=1372870257731&cmd=print
We've completed 8 trading days
Posted by rixx on 3rd of Jul 2013 at 01:41 pm
We've completed 8 trading days from last Monday's low. On Friday we could get a resolution with the release of the employment report.
SPY 130 min
Posted by bkout3 on 3rd of Jul 2013 at 01:29 pm
Looks right to me Roger with the weight of the overhead MAs and the trading since May, but it needs to get some gusto into the downside like staying below the daily 9 ema (orange) and busting Steve's HS line. Volume looks to be supporting the downside so far