3min and 15min SPY showing this early price action could still go either way.
the 4 prior 3min candles have failed to close above the 15sma on the 3min...will this change?
147.80 to 148 need to continue to cap upside moves.
short SPY and added in today's premkt 148 and above
blog, with more and entries -
http://www.traders-t...?...;blogid=26
further updates will be at the blog
comment from Friday's short entry at blog -
this is the first weekly close in 5 weeks ABOVE the 20-week ema, $147.94
$149.83 is the mid-line of the weekly BB channel
Edited by hiker, 27 August 2007 - 08:54 AM.