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

Sunday, February 12, 2017

$SPY Momentum and Trend

Daily upside momentum for the SP500 continues in early trading (pre-market open), as evidenced by the presence of a green dot above the current price bar. For credible signs of trend reversal a drop below 2300 is needed:

The purple diamonds at the bottom of the chart show periods of low volatility/momentum which can lead to whipsaws.

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