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 695.17

+0.2%

Jan 12 4:00 PM EST

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To: da_cheif™ who wrote (125030)	5/19/2019 11:48:03 AM
From: Winfastorlose	Read Replies (2) of 221644

We need a couple of daily closes above 2890 for the jury to come in with a positive verdict. Right now, the odds favor a positive verdict for the short term, but deeper moves down with daily closes below 2800 could negate that. That is the way I see it. And as I stressed, this is for the short term outlook of 30 to 60 days. I might add that at the present, my money is on a resumption of the uptrend.

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