February 3, 2011

SPY Technical analysis

  • SPY Four hour chart is trading near the gap
  • The unfilled GAP is between 128.68 - 129.39
  • Next chart shows the Fib levels. If spy retraces till the golden ratio the Gap will be filled.
  • If price does not get below 38.2% again this gap will stay unfilled for some time.
  • SPX CHARTS

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