SPY - Bounces off of 20 DMA
Today the SPY opened at 390.41. Through the day it traded as high as 391.88 and as low as 390.20
Bollinger Bands
Looking at the Bollinger Bands for SPY, you can see that SPY is trading in the upper, which is considered to be a bullish sign. Still plenty of time left in today's trading session though.
Stochastic
Always the early adapter, the Stoch agrees.
This indicator is showing blue line is over the red, showing a bullish trend.
MACD
Big MAC(d) isn't convinced yet. Says the bears may have control.
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards SPY by the market.
Bollinger Bands
Looking at the Bollinger Bands for SPY, you can see that SPY is trading in the upper, which is considered to be a bullish sign. Still plenty of time left in today's trading session though.
Stochastic
Always the early adapter, the Stoch agrees.
This indicator is showing blue line is over the red, showing a bullish trend.
MACD
Big MAC(d) isn't convinced yet. Says the bears may have control.
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards SPY by the market.
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