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jakelikesstocks

SPY Gapping Back to Bullish... Again

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
jakelikesstocks  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators Beyond Technical Analysis marketalpha Stocks SPDR S&P 500 ETF (SPY) QQQ LONG Bullish Patterns calls Technical Analysis options
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SPY

The top Indicator is showing bulls taking control and that matches up nicely with out trendlines. We completely avoided a heavy resistance area by gapping clean above it. The lower indicator is not yet as strong as I'd like it to be but the move is supported by other features displayed on the chart.
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