Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Johnny Canuck who wrote (53228)	10/7/2020 3:43:50 PM
From: Johnny Canuck	1 Recommendation Read Replies (1) of 69207

Despite all the volatilie the comments on all the indices remain the same. Still waiting outside of the upward sloping, intermediate trendlines on the major indices. DOW transports showing some life though as it potentially tests the recent highs. A break to a new high may suggest the DOW will follow. Some of the rise is being fuelled by the rumour of a bailout of the airline industry by the Federal government.

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