Most of the indicators are pointing to a strong uptrend with a slight downside pressure that would need to be confirmed in the coming days to justify calling an end to the trend.
Friday, January 7, 2011
The S&P500 Today
Where does the market stand today? Below is chart of SPY for the last 6 months with some of my favorite technical indicators.
Most of the indicators are pointing to a strong uptrend with a slight downside pressure that would need to be confirmed in the coming days to justify calling an end to the trend.
Most of the indicators are pointing to a strong uptrend with a slight downside pressure that would need to be confirmed in the coming days to justify calling an end to the trend.
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