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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: E_K_S who wrote (51235)	1/22/2015 3:49:56 PM
From: Johnny Canuck	Read Replies (2) of 67839

Not sure how representative this Vanguard European fund is of the EU markets but it indicates the EU markets are still on a sell signal in all time frames. It is approaching the 50 day SMA from below though. Note that the intermediate direction is still down so this is a rally within a down trend.

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