SPY Week Tick Evaluation

March 19, 2011 in Weekly Outlook

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. Stochastic crossing down.  MACD showing downside crossover.   Trend Indicator switched to negative. Parabolic SAR showing negative. // < ![CDATA[ google_ad_client = "ca-pub-0990132012112887"; /* My Trading Blog 728 link unit */ google_ad_slot = "2108634525"; google_ad_width = 728; google_ad_height = 15; // ]]> Click here for addition information regarding SPY