almost outside up week for spx (SPY) for AMEX:SPY by cerealcharts

almost outside up week for spx (SPY)

we have opened down below last weeks close and we are aiming to close the week up over last weeks highs. depending on how the daily wants to close we could leave a bullish or bearish mark on the candlestick pattern. as long as small caps, healthcare, industrials, energy and utilities are doing ok i see this as healthy rotation. even if today and tommorow are bearish in price we could have bullish momentum next week.

Note

seems like were headed for 440 if we beat resistance here at 438

cerealcharts

Related publications

is this the breakout? clearly not, but maybe soon (SPY)

by cerealcharts

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