Tuesday, May 5, 2015

SPY weekly chart and indicator


The chart above is the weekly SPY (top chart) and a weekly oscillator (bottom chart).
As the oscillator goes above 80 the SPY tends to get toppy.
We are there again.

Based on cycles, the next "area" to watch is coming up soon. (See the April 24,2015 post)

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results

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