SPDR S&P 500 (SPY): Hey Foot: Check out the 5-10 EMAs of...

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Re: Footquarters post# 73415

Sunday, 02/22/2009 10:50:52 AM

Sunday, February 22, 2009 10:50:52 AM

Hey Foot:

Check out the 5-10 EMAs of the $CPCE & $CPCI. Put a normal 20, 2 BB on the chart. Bottom area? $VIX BB also says bottom area. SPX had a big volume hammer just above support. SPX RSI2 = 1.09. MFI5 = 15.68. I expect a weak bounce. My IT stuff says down. FWIW. Good luck Comrade!

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