- SPY Daily chart shows price falling back into the range.
- Price for now is above crucial moving averages like 50 and 100 SMA
- Last chart shows Bearish MACD Cross. More weakness if 206 levels is broken on closing basis.
- FACEBOOK Weekend update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 8, 2015
SPY Falls back into the Range
EURUSD Weekend update
- Pair continues to sell off as it nears the daily cloud.
- Month chart looks set to break below 1.07 levels. Pair has already broken below Golden ratio. Now next target could be the 80% retrace level.
- Bearish targets can be achieved easily if price remains below the daily cloud. Strength can be seen only if the Pair is able to move back above the daily cloud.
- FACEBOOK Weekend update
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