Friday, November 6, 2009

Looks Like the Decline Has Begun

We just closed below the 50 Day Moving Average on the SPY 5 minute chart. This is probably the start of the drop. We cannot confirm though, until we close below the 100 Day Moving Average.
Posted by Verde at 2:56 PM

1 comment:

  1. VerdeNovember 6, 2009 at 3:14 PM

    For this decline to continue, we can't close above $106.98

    ReplyDelete

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