September 23, 2011

SPY Support level

  • If SPY does not breach 112 on closing basis we may see an up move soon.
  • Indicators in four hour chart are poised for a rise.
  • Price is in a broad range between 112 - 122 levels. The lower end of the range is getting tested. Indicators are suggesting for a bounce so bulls may get some relief for a while.
  • ES POSITIVE DIVERGENCE
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1 comment:

  1. zstock7.comSeptember 24, 2011 at 2:56 AM

    i left your link on my fri blog, maybe you might get some traffic. i have such low traffic numbers on the weekend. oh well.
    here's my DO,HAL,FLS short term trading range estimates...supports the spx heading higher next week.
    http://zstock7.com/?p=5556

    ReplyDelete

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