From The Right Edge, Simple Swing Trades, Simple Trading

Simple Trading SPY As of 18 June 2015 Close

SPY W As of 18 June 2015 Close

Current Trend (W): Up

Abv/Below Value Zone: Above

Next Scheduled Report Date: N/A

52 Week High: $213.78

52 Week Low: $181.92

Current Relevant Resistance: $213.78

Current Relevant Support: $204.12

Recent Close: $212.78

Comment: Just a few days ago it looked like this uptrend was done for…and then up pops Ms. Yellen… There’s no guarantee that price will push through all time highs… again… but if the way shorts were pushing to cover today is any indication, I wouldn’t bet against it.

Trade well.


The Trader

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