Monday, February 2, 2009

Key level for SPY

We're sitting right on our spupport level on the SPY, and we are very close to those levels in the other major indicies. If we breakdown we will probably test November's lows. If we bounce...I have no idea. Well, maybe I have a little bit of an idea. We will probably bounce to test the declining 20 and 50 day moving averages.

No comments:

Post a Comment