Tuesday, November 08, 2016 1:05:09 PM
SPY chart interpretation, for lasting & stable price trend action to be reliable for actually holding above/below key SPY technical chart events for many days in the future, depends on what the RSP charts actually
accomplish TA-wise shortly following the timing in which the SPY charts print technical events
the RSP daily is now currently "bear-kissing" its 100-day sma ... this is customary in my many years of observation that RSP technical events on the upside lag by up to several hours/or several days for achieving the identical SPY technical chart events
** SPY is already far above its 100-day sma which was today surpassed for the first time in approx. 2 weeks **
RSP daily chart, the 100-day sma is shown as the solid pink MA:
accomplish TA-wise shortly following the timing in which the SPY charts print technical events
the RSP daily is now currently "bear-kissing" its 100-day sma ... this is customary in my many years of observation that RSP technical events on the upside lag by up to several hours/or several days for achieving the identical SPY technical chart events
** SPY is already far above its 100-day sma which was today surpassed for the first time in approx. 2 weeks **
RSP daily chart, the 100-day sma is shown as the solid pink MA:
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