Tag Archives: Technical Support

SPY Key Support

Note the key level of technical support on the S&P ETF, SPY, at the 195-ish area.  This is where the 50% retracement of the Oct 15 – Dec 5 rally and the 200-day moving average meet.  A move to this … Continue reading

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Support of the Masses

Just a quick little chart for the weekend to show how the major indices are at or near key support levels.   Here we have the CRB Index breaking short-term support yesterday and just barely closing through its 200-day moving average.   … Continue reading

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