|SPY chart courtesy of FreeStockCharts.com|
$SPY Stuck at Downtrend Resistance, 50 Day Moving Average (#Chopfest, July 14)
7/14/2010 01:15:00 PM | via @Dvolatility |
SPY (the S&P 500 ETF) is stuck at downtrend resistance and the 50 day moving average (109.64). The 200DMA is at 111.41. SPY is currently +0.02 at $109.68. Oh now up +.09, chopfest.