Tuesday, February 06, 2018 1:46:16 PM
SPY 15-week sma was resistance for the morning bounce today,
February 6, 2018
* this weekly SPY chart setup calls for a high probability
of more future price damage to take place, while all these chart elements remain in a weakening chart location ...
the bulls have much to prove, if a lasting price bounce is to occur,
and the bears need to prove the downside follow through ... the
21-week sma is currently providing support
* watch the future SPY price location within the weekly 15,2 Bollinger Band
February 6, 2018
* this weekly SPY chart setup calls for a high probability
of more future price damage to take place, while all these chart elements remain in a weakening chart location ...
the bulls have much to prove, if a lasting price bounce is to occur,
and the bears need to prove the downside follow through ... the
21-week sma is currently providing support
* watch the future SPY price location within the weekly 15,2 Bollinger Band
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