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

Tuesday, April 18, 2017

$SPY Pattern and Trend

Judging by the anemic volume behind this reversal, it wasn't supported by much conviction from market participants:











On the bright side, however, support at 2320 held, and the index even made it above 2340. The evidence suggests a continuing consolidation between 2320 and 2400.
First resistance at 2370.
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