August 16, 2011

Range of SPY

UPDATED CHART
  • Up move was resisted at the top of the range mentioned in the below chart.
  • Break of 117.61 can extend this down move.
CHART-I
  • SPY is trading in a range 117.61 to 120.74.
  • 119.22 level is acting as mid point. 
  • GOOG FALLS BELOW 50 DMA
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