Sunday, May 11, 2008

S&P 500 (SPY) chart for the week

A 1 year chart of the S&P 500 Spider (SPY) is on my mind this week as it approaches two possible critical points: a re-test of overhead resistance in the 200 MA, or a move down towards the 50 MA. I posted 3 short-term charts on gold here, but Im playing close attention to the S&P 500 for the next while.

J

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