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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 678.85-0.3%4:00 PM EST

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To: Gary105 who wrote (21960)7/23/2011 9:51:46 PM
From: GROUND ZERO™  Read Replies (1) of 220191
 
If I understand your question, for August 2, we must have a close below 1344.60 for a confirmed sell signal on that day...

Yes, the market is surprisingly strong, but realize that all the long term indicators are pointing higher, the 20 exponential DMA is now above the 50, so that's a clear new long term buy signal for the SP's...

GZ
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