SPY Key Levels For The Trading Day
Posted on Monday, February 16th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Nicholas Santiago (http://inthemoneystocks.com) -
RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
The key levels are shown here on the SPY 10 minute intra day chart. Note the bottom hit of the trendline then hard bounce. We have now retaken the upper sloping trendline we broke yesterday at approximately 2:20pm ET, but gapped below today. Watch for confirmation of the move on the 60 minute as well. These key levels stretch days/weeks/months back. Absolutely key to understand them and utilize them. Enjoy and do not forget to join the Research Center for premium technical analysis guidance.
RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
By: Gareth Soloway
Time: 10:50am ET
Time: 10:50am ET
Last 5 posts by Nicholas Santiago
- Market Technical Analysis - Uncertainty Remains, Thus More Selling... - February 15th, 2009
- SPY Key Levels For The Trading Day - February 15th, 2009
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Gareth Soloway Time;, Inthemoneystocks, Key Levels;, Market Commentary, Research Center;, Stocks to Watch, Townsend Analytics Ltd.;
Gareth Soloway Time;, Inthemoneystocks, Key Levels;, Market Commentary, Research Center;, Stocks to Watch, Townsend Analytics Ltd.;
 About Nicholas Santiago (http://inthemoneystocks.com)
Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets. |
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