Replies to post #59038 on SPDR S&P 500 (SPY)

[learningboutinv]

Gleno, who knows if the 200ma will stop us. We're really oversold and due for a bounce but that could be another 1-2 weeks from now like in Jan 08.

Earlier in the week, the $NDX broke down from the symmetrical triangle pattern and may target 1550 in a few months (3-6) or possibly 1446, July 07's low.

$NAUD is at a weekly low where reversals has come but RSI isn't even close to 30 yet.