- Crucial resistance for SPY at 20 Week SMA (136.1 ).
- Crucial support in daily chart is the 20 Day SMA. There is a stochastic sell signal in daily chart which will be effective on price closing below 20 Day SMA.
- Weekly MACD Sell signal will be effective as long as price stays below 20 Week SMA. Bearishness can be negated if price starts to stay above 20 Week SMA.
- IBM WEEKEND UPDATE
June 24, 2012
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