SPY Week Tick Evaluation

March 19, 2011 in Weekly Outlook

image thumb39 SPY Week Tick Evaluation

Price action crossed below 9 MA.  PPS switched to down. Most likely targeting support on the $120 price level range in the next 3 weeks.

image thumb40 SPY Week Tick Evaluation

Stochastic crossing down.  MACD showing downside crossover.

 

image thumb41 SPY Week Tick Evaluation

Trend Indicator switched to negative. Parabolic SAR showing negative.

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