December 23, 2010

SPY In a narrow range

  • SPY 5 minutes chart with the narrow range.
  • Price has been in a range of 125.50 to 125.82 from yesterday.
  • Violation of this range may give direction for the next move. Safer trade would be an upside breakout considering the larger trend of the market.
  • YEN LOOKS WEAK AGAINST DOLLAR. (USDJPY CHART ANALYSIS)


No comments:

Post a Comment