Thursday, August 16, 2007

S&P 500 CHART


Today we went down and tested the March lows on the SPY. Full Sto is currently giving a buy signal on the SPY. On a rally we could be headed up to resistance at the 200 DMA/EMA which is the 1450-1455 range. March lows (1365-1380 range) on the SPY could be tested again in the near future.

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