Posts Currently viewing the category: "SPY Analysis"

—————— TUES JULY 24 —————— Google earnings interrupting my put play, their earnings were huge too. Right now SPY is wedged between the 5ma and the 10ma. Based on the weekly trends this should be a period of consolidation and retraction. But building a base here could also be a launching area for bigger movement.…(Read More)

THURS JULY 19 Futures pulling back overnight, basically stocks just flat after a big run. 280.05 still support and holding but is the key line like it was yesterday to defend. My guess is SPY is sideways today before moving more unless we get a breakout at open. The pattern leading into today is…(Read More)

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