Posts Tagged ‘$SPY’

• S&P 500 Levels 3/11/10
  alphatrends, March 11th, 2010 at 8:38 am

• S&P 500 Levels & Analysis 3/9/10
  alphatrends, March 8th, 2010 at 7:29 pm

  The SPY was up a couple of pennies on Monday and the low volume continues to raise suspicion, but only price pays and the market seems magnetized to the January highs of 115.13.   The market remains above all the rising moving averages which means any shorts you are contemplating should be kept to intraday trades [...]

• S&P 500 Levels & Analysis for 3/4/10
  alphatrends, March 3rd, 2010 at 10:24 pm

  The market seems to be tiring a bit as it battles with the mid January lows near 113, but at the same time it holds support at 112.00 and remains above the rising 5 DMA.   If 112 fails to hold, the bigger level of importance will be found near 111.60 which is the approximate location [...]

• S&P 500 Levels and Analysis for 3/2/10
  alphatrends, March 1st, 2010 at 7:00 pm

  The SPY gapped up beyond short term resistance at 111.00 and then continued up beyond the bigger level of 111.30. The market is now back above the 50 DMA and the 61.8% retracement of the range for the year. We will now look for the 111.30 level to be support and if that [...]

• Video Market Analysis 2/17/10
  alphatrends, February 28th, 2010 at 4:00 pm

• S&P 500 Levels and Analysis for 2/25/10
  alphatrends, February 24th, 2010 at 7:58 pm

  Once again the market reminded us of why it is critical to remain open minded and prepared for anything.  The SPY did recover on Wednesday and is now back to the level of prior short term support at 110.80 which led to the sharp selloff upon breaking on Tuesday.  On the bigger picture, we have [...]

• S&P 500 Analysis for 2/24/10
  alphatrends, February 23rd, 2010 at 9:53 pm

  The SPY dropped from the location of the 50 DMA and the 61.8% retracement of the year high to the year low on Tuesday.   The level we expected might act as support near 110.40 failed quickly and now we will be looking to see if the market is able to recapture that important level.  If [...]

• S&P 500 Analysis & Levels for 2/19/10
  alphatrends, February 18th, 2010 at 6:55 pm

  On Thursday, the SPY continued higher up beyond the 110.50 level which had been prior resistance and closed right near the declining 50 day moving average (green average on right).  The recent rally also brought the SPY up to the 61.8% retracement of the 2010 high to the low of the year.  After the close, [...]

• S&P 500 Levels for Feb 18, 2010
  alphatrends, February 17th, 2010 at 9:48 pm

  After finding support at the rising 5 day moving average on Friday’s gap lower, the SPY has followed through nicely on the upside.  We now find the SPY at the most recent significant level of intermediate term resistance near 110.50.  These two timeframes (65 min on left and daily on right) show there to be [...]

• S&P 500 Analysis for 2-12-10
  alphatrends, February 11th, 2010 at 9:01 pm

  From the February high to the low of the month, the SPY has retraced almost exactly 61.8% of the range which makes the current level of the market of interest to a large group of participants who follow Fiobnacci levels.   The current levels are also a prior level of support and that reinforces the importance [...]