Patient Bulls: $SPY Chart for 3/27/16
$SPY continues to consolidate its price action. RSI was slightly overbought but bullish at 63.75 RSI. $SPY has closed over the 10-day EMA for 28 straight trading days. This is very bullish. The 50-day SMA has started to move upward. This is bullish. $SPY is over the 200-day SMA. This is bullish. MACD is still bullish, […]
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