Wednesday, November 30, 2011

S&P 500 (SPY @ 124.99) gaps across short term trend line but volume unimpressive

S&P 500 (SPY @ 124.99) gaps across short term trend line then to the midpoint of its 20-day trading range on above average but unimpressive volume.



Assessment:  sell signal remains in effect, but watch closely.  Buy stop at 128.02 ( 20-day high).

No comments:

Post a Comment