A trend day up; can't say I was necessarily expecting
that. SPY gapped up to
R1 and just fiddled around for a while before closing above
R1 close to an hour into the day. Meanwhile
TICK stayed decisively positive and the Adv/Decl numbers were biased towards the Advancing issues.
R2 put up a good resistance barrier at the end of the day there before getting a little pop.
The pullback on the Daily chart sure looks nice; and makes a good argument for making an advance to the 200MA.
MOS didn't get quite the move I was looking for on the break of $54.50.
R2 put up a good resistance barrier at the end of the day there before getting a little pop.
The pullback on the Daily chart sure looks nice; and makes a good argument for making an advance to the 200MA.
MOS didn't get quite the move I was looking for on the break of $54.50.
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