#SPY had a volatile session yesterday and gave up about 4% of morning gain. But still managed to close above 20 EMA. In my book that is an intermediate term bullish signal. Indicators I follow are also bullish as shown on the chart.
#ES futures are pointing to an open about 1.15% higher indicating a higher open for #SPY as of now. Remaining bullish till #SPY closes below 20EMA on two consecutive days.
#ES futures are pointing to an open about 1.15% higher indicating a higher open for #SPY as of now. Remaining bullish till #SPY closes below 20EMA on two consecutive days.