Chart Courtesy of StockCharts.com Price is bullishly over all key moving averages. $SPY remains within striking distance of all time highs at an adjusted $284.21. This is bullish. 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 […]
All Bulls, No Bears: $SPY Chart 7/22/18 Read More »
Chart Courtesy of StockCharts.com $SPY remains in a huge long term range since the January 26th unadjusted all time high of $286.63. Price is bullishly over all key moving averages. Last week price formed a price range while elevated over the 10 day EMA. With $276.50 support and $280 resistance. The 10 day EMA has
Bulls Continue to Hold the Steering Wheel Read More »
Chart Courtesy of StockCharts.com Price is back over all moving averages. This is bullish. Last week the 100 day SMA continued to hold as support until $SPY broke out of the two week trading range at $274. The next key resistance level on the chart is $278 then all time highs at $286.63. Volatility decreased
Signals Bulls are Winning While Bears are Whining Read More »
Chart Courtesy of StockCharts.com $SPY has traded in a large range so far in 2018 but up slightly +1.94% year to date. $274 has acted as resistance last week. The 100 day SMA held as support last week. The trading range expanded as the ATR trended higher last week. The MACD is under a bearish
The $SPY Chart Range: 7/1/18 Read More »
Price traded below the 10 day ema for the last 4 trading days settling into a trading range. Last week traded on lower volume all week. Profit taking: Previous peak resistance continued to hold at $278 last week. Current short term support is $273.50. $SPY has traded around the 20 day EMA, finding some buyers
Profit Taking on the $SPY Chart 6/24/18 Read More »
Chart Courtesy of StockCharts.com Price remains bullish over all moving averages. The 10 day EMA has been the end of day support for six straight trading days. New bullish 50 day / 100 day crossover. The bullish 10 day / 50 day crossover still in place. Volume has been low but increasing as the market
10 Bull Signals on the $SPY Chart: 6/10/18 Read More »
$SPY has been in a trading range since May 9th with $267 support and $274.25 resistance. Secondary support is the 100 day sma. The final level of support is the 50 day ema where we did get the bounce back on Tuesday. Volume was slightly higher on down days than up days last week. The
The Bullish Bias on the $SPY Chart: 6/3/18 Read More »
Since breaking out over the 100 day SMA $SPY has been trading in a range with $274 acting as resistance and $270 as support. The average true range that $SPY is trading in continued to decline in May. With the ATR at 2.70. This is bullish. Price remains bullishly over all moving averages. $SPY has
Bulls Signals On the $SPY Chart 5/27/18 Read More »
Price is above all key moving averages. The 10 day / 50 day EMA is under a bullish crossover. Last week $SPY traded in a range with $274 as resistance and $270 as support. RSI is bullish with room to go higher at 57.32 before becoming overbought. MACD remains with a bullish crossover. The Average True
10 Bullish Signals on the $SPY Chart: 5/20/18 Read More »
$SPY has closed at the highest price since March 16th, this is bullish. Wednesday $SPY made higher highs and higher lows Wednesday through Friday. This is the definition of an uptrend. $SPY had a bullish break over the 100 day sma last week. $SPY had a bullish 10 day ema / 50 day ema crossover
$SPY Chart Bull Signals: 5/13/18 Read More »