S&P 500 Analysis for Thursday 2-4-10
The SPY backed off the 38.2% retracement level of the range for the year and has carved out a higher low above the rising 5 day moving average, but the upside action remains difficult to trust. Tomorrow is looking like a pivotal day, if the higher low (~109.40) and the rising 5DMA (~109.20) can hold … Read More