Replies to post #59056 on SPDR S&P 500 (SPY)

[GLENO34]

We did manage a brief move above the 5 min 34MA..but now we are OB on that 5 min chart..

[euterpe1]

I think we've turned the corner ST. I have a small short at Rydex which I can't touch until days end. I might just add more if we bounce Monday or Tuesday, but I think this initial burn is over.

Longer term, we are moving down. Are you also testing Renko charts?