S&P on the Rise?

Now what? Looks to me like the S&P 500 SPDRs (AMEX: SPY) has completed a minor pullback from 141 to 138.20...and should turn up again for another attempt to hurdle resistance at 140. Of course, expiration within the next 30 minutes may have an impact on the next immediate directional move, but net of the influence of the expiration, my work points to the upside.
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!