Tag: 50 day moving average
S&P 500 Analysis & Levels for 2/19/10
On Thursday, the SPY continued higher up beyond the 110.50 level which had been prior resistance and closed right near the declining 50 day moving average (green average on right). The recent rally also brought the SPY up to the 61.8% retracement of the 2010 … Read More
S&P 500 Analysis & Levels for 2/19/10
On Thursday, the SPY continued higher up beyond the 110.50 level which had been prior resistance and closed right near the declining 50 day moving average (green average on right). The recent rally also brought the SPY up to the 61.8% retracement of the 2010 … Read More
S&P 500 Levels for Feb 18, 2010
After finding support at the rising 5 day moving average on Friday’s gap lower, the SPY has followed through nicely on the upside. We now find the SPY at the most recent significant level of intermediate term resistance near 110.50. These two timeframes (65 min … Read More
S&P 500 Levels for Feb 18, 2010
After finding support at the rising 5 day moving average on Friday’s gap lower, the SPY has followed through nicely on the upside. We now find the SPY at the most recent significant level of intermediate term resistance near 110.50. These two timeframes (65 min … Read More
