The Bull Signals on the $SPY Chart: 1/13/19

Chart Courtesy of StockCharts.com

1. $SPY remains over short term moving averages last week like the 5 day and 10 day EMA.
2. $SPY price remains under all key long term moving averages 50/100/200/250.
3. $VIX continued to trend lower last week to 18.19 as volatility has been contracting since the day after Christmas. 
4. The trading range has declined as the ATR has continued to fall to 5.39. This is a bullish signal.
5. The MACD continues to maintain a bullish crossover. 
6. $SPY continued to show momentum by staying over the 50 RSI side of the chart last week to end at 53.94.
7. The uptrend swing higher since December 26th has been on low and declining volume. 
8. There remains a lot of cash on the sidelines after the volume to  the downside from the Q4 2018 sell off. 
9. Short term trend is up, the long term trend remains down. 
10. My long signals for $SPY would be a 10 day / 50 day EMA crossover and/or the price crossing 250 day SMA crossover.