AMEX:SPY Trendlines: The chart showcases three Exponential Moving Averages (EMAs): EMA20 (blue), EMA100 (orange), and EMA200 (red). EMAs are used to identify trends over different periods. Here's what we can infer: The EMA20 is currently below both the EMA100 and EMA200, suggesting that in the very short term, prices have been trending lower relative to the...
rsi seem to be looking for zero on the weekly maybe. watching the indicated levels. US10yr was the signal.
If indeed the top is in - here is a bullish count for SPXU - 3X SPX I see a wave 1 up in 5 waves and a wave 2 down yesterday. Today we see wave 1 of 3 and a possible wave 2 of 3 as a retrace. A 3.168 ext of wave 1 will close the gap at 52.20- 52.59 Safe trading ladies and gents!