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diazfranj

Harmonic bounce on the SPY. The trend will defend.

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
diazfranj  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Moving Averages Value SPDR S&P 500 ETF (SPY) spylong spy500 spyanalysis spyidea
5
3
trendanalysis movingaverage value spy spylong spy500 spyanalysis spyidea
Beautiful harmonic bouncing on the SPY . This will be a classic breakout, pull back, continuation pattern. The 30,50,100 SMA's are wide and healthy regardless of the noise and hyper evaluations. The trend will defend but a correction is due... we all know it.
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