Replies to post #192412 on SPDR S&P 500 (SPY)

[PennyHunter25]

Satisfied with the close, Candlestick indicates a reversal is possible. Nice resistance today in 206 land...add a little more to the RSI and here we are, could make for an interesting rest of the week (put volume is crazy)

GLTA

[livinginthelimelight]

Sorry I've been not posting that much lately, been swamped with a project...

That being said, I bought a bunch of April 15 205 puts@ 1.35... I anticipate a healthy move down based upon this low volume break higher... may make one more temporary high...

Imi, I got your email, will respond in a bit.

[loanwolf]

Stopping in here after some time..... Chart wise definitely looks interesting.

SPY closing basis line chart appears at a resistance line top, let's see if that holds true along with the gap doji at upper bb.

Did not get a chance to add to LT puts and dca, may regret that. Daily candlestick showing signs of fall back.

[Scripo]

The normal reaction would be a visit to bottom BB. "Normal" since most were whipsawed by the slo sto and macd crosses, i have my doubts, but hopefully this indicator stands reliable