SPY tightened up and rode the 50%/61.8% support zones(201.03-200.95) for the 2nd 1/2 of the trading day.
** Technical Projections include combinations of Custom Fibanocci Retracements, Mathematical Measured moves, Open Body Gap Theory and may reference most respected Moving Averages.****DISCLAIMER- These are meant for reference purposes.They are NOT Buy/Sell recommendations or the opinions of anyone I am associated with through employment.
Tuesday, November 4, 2014
SPY Close 11/4/14
SPY Closed above the final DAILY Support Level( 78.6%) 200.90. Although weak looking the trend is still to the upside. Yesterday's Low acted as Resistance once it bounced off lows of day-
SPY tightened up and rode the 50%/61.8% support zones(201.03-200.95) for the 2nd 1/2 of the trading day.
SPY tightened up and rode the 50%/61.8% support zones(201.03-200.95) for the 2nd 1/2 of the trading day.
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