Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (79142)	2/2/2016 2:56:56 PM
From: Hawkmoon	Read Replies (2) of 221968

SPY really needs to hold this level It's 200 hour MA support (which is still descending).. Then it needs to bounce back above 192.. Daily MACD is rolling over so the rest of this week could get pretty ugly.. Given how low we've see it go so far today, I'm hesitant to short more than my core position, until I see if that hourly MA manages to turn flat to upward.. Hawk

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