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dorfmanmaster

SP500 beautiful uptrend

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
dorfmanmaster Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) nasdaq macroanalysis Weekly Charts long-term AAPL
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trendanalysis indicator spy spx nasdaq macroanalysis weekly long-term aapl
The moving average you see drawn in blue is 26 weeks = 6 months.

If we stay above this line, there is no reason to think we won't go higher; in fact, this level is a great place to enter a position.

There is also horizontal support around $450.



Comment:
Broke and tested 26 ema on the upside.
I expect we see the SPY to stay within its large horizontal range for some time.
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