All Bulls, No Bears: $SPY Chart 7/22/18

Chart Courtesy of StockCharts.com

1. Price is bullishly over all key moving averages.
2. $SPY remains within striking distance of all time highs at an adjusted $284.21. This is bullish. 
3. The 10 day EMA has held as end of day support for 12 trading days. This is very bullish and shows a short term up swing in price. 
4. $SPY has been in a trading range for seven trading days with $281 resistance and $277 support. 
5. RSI is at 60.92 with room to go higher before becoming overbought. 
6. The MACD remains under a bullish crossover. 
7. $VIX was slightly higher on the week ending at 12.86, this is still historically low.
8. The trading range continues to decline with the ATR at 2.10.
9. The only thing bearish on the chart was the last two down days on higher volume than the up days. 
10. This chart remains with almost all bullish signals.