SPDRs SP 500 trust series ETF(SPY) Range in half hour chart

1. Three charts of SPY first one shows a triangle like pattern breaking on the upside and closing above it indicating upward momentum
2. But the second chart clearly shows that SPY is still in a range of 105 - 111.
3. And any meaning full rally is possible on a strong close above 111.
4. And the third chart is the hourly chart of SPY with 200 and 50 HOUR MOVING AVERAGES.
5. This is one of my favorite setups. One can go long when the price closes above the 200 hour moving average. And if the cross of 50HOUR MA above the 200HOUR MA takes place one can get good profits.
6. SP 500 EOD ANALYSIS
   
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8. DOW JONES WEEKLY ANALYSIS