Replies to post #40 on Real-time day or swing trades - SPY, QQQ and stock

[rimshot]

SPY 209.95 = less than 20 daily closes achieved in the May to July period above the 209.95 level, and not seen for daily closes since July

* no major horizontal breakout in the upper levels takes place until price resides back above the 209.95 level for daily closes

* 208.82 = value of the rising 4-day sma which buyers must defend during future pullbacks, especially at each day's close

[rimshot]

SPXEW $3228.86 upper 21,2 daily BB vs. 3229.59 day high, so far

3228.56 = the March daily close low

* be alert for a potential BB tap and down, which may play out from this upper level

* FYI - it will be a bullish clue for some more upside only if the Bollinger Band continues to expand, and SPXEW actually closes today above the upper Bollinger Band

SPXEW daily closes chart -

* with three %B's added