Thursday, July 19, 2012

SPY Update

This covers the short to sub-intermediate 3C trend for the SPY...

 SPY 1 min (the 1 min charts have been pretty close to in line the last few days while anything longer continues to deteriorate, there's some deterioration on the 1 min this a.m. as you can see.

 The 2 min trend just over the last 2 days or so, leading negative strongly.

 The 3 min

 The 5 min

And the 15 min looking like a head fake move today...

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