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

Thursday, March 09, 2017

$SPY Pattern and Trend

Support at 2350 held, and the index is bouncing off oversold market breadth readings:
















In addition, the e-mini broke above the 1 x 1 down-sloping angle.






















Upside target 2395, support at 2350.
Momentum is neutral, meaning that the risk of whipsaw is high.

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