MMTW % of Stocks Above 20-Day MA & SPY Trend Analysis 12-4-2018
Updated
Major overhead resistance on the daily SPY...
schrts.co/68Ykzm
The real nature of the larger pullback is revealed on this weekly SPY chart... this is very bullish.
schrts.co/vQXQLP
Prediction: Near-term pullback with larger time-frame indicators suggesting a break to the upside, despite that major resistance is overhead.
Note
Please note that the last two links to Stockcharts.com are not going to be static views. The charts there will change according to market data. The view I am looking at is for Dec. 3rd EOD data.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.