December 17, 2010

SPY Hour chart analysis

  • SPY Hour chart with today's GAP and 50 hour moving average.
  • 124.02 is an important support. Hour closing below this level will be negative.
  • Price is trading below 50 hour moving average. If price manages to get  back above 50 hour moving average the GAP may get filled.
  • DOW JONES HOUR CHART ANALYSIS

No comments:

Post a Comment