Replies to post #23261 on Market Direction and Stock Trends

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SPY Levitating Just Beneath All-Time High
By: MPTrader | November 27, 2017

At mid-session, SPY is flat-lining, but levitating at around 260.20, just beneath its all time high at 260.75. What else is new? No volatility, and certainly no selling pressure on Cyber Monday.

That attached 4 hour chart shows key nearest term support resides at 259.05 to 258.45. Unless that is taken out, we have to expect more upside, towards 261.30 next...



https://www.mptrader.com/middaymarkets/

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