A move to the 100 period would hurt, but be constructive.
The slope of the SPY move, since the beginning of QE, is unsustainable. A move back to the 100 and 200 period M.A.'s would be healthy.
ChrisBrecher
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ChrisBrecher
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.