For those that don't trade the futures you can apply this analysis to the ETF Spy
Wednesday, February 10, 2010
S&P Futures
Friday the S&P futures price bounced off the 200 MA (yellow line). Price should retrace to the top of the channel. If price breaks the top of the channel we should see a re-test of the high and possibly break through... Hope it helps
For those that don't trade the futures you can apply this analysis to the ETF Spy
For those that don't trade the futures you can apply this analysis to the ETF Spy
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