January 1, 2013

SPY Chart update

 
 
  • SPY Near 200 Day SMA
  • 4 Hour chart shows price nearing golden ratio.
  • There are unfilled GAP's on both the sides. If 200 SMA is held the upper GAP will be faded. Below 200 SMA the Lower GAP will be faded and a possible test of the lows near 134 is possible.
  • FORD MOTOR BREAKOUT
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