Market Breadth Data******************************

Wednesday, June 15, 2016

$SPY Pattern and Trend

The downswing has matched the average daily swing duration for the SP500.  The futures point to an inside day so far but all eyes are on the Fed and the conclusion of their two day meeting. Price needs to break 2082 to signal a reversal:






















Market breadth is neutral:



Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.