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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: Qone0 who wrote (85985)8/29/2019 5:21:47 PM
From: ajtj99  Read Replies (1) of 99985
 
I see the W in the RSI-3. A technical bounce to back-test $95.21 or so could be up. There is also a blimp-load of air below on the weekly:

schrts.co

Volume is drying up on the drop on the daily, and with the market bouncing, it may be primed to move up like your scan suggests. It also made a double bottom today, which helps.

Nice catch!
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