Well ladies and gentlemen....SPY
We closed just barely above the Model T from the SPY high to yesterday's low. Positive sign at least. Solid volume today and lots of buying for 2/3 of the day today. Getting to several levels today was big. Not out of the woods at all IMO but encouraging. Need to see us grab the 21 EMA.
Couple extra notes:
Close was back in the long term channel
Grabbed the 50 day and 8 day again.
Reclaimed -1 ATR and bounced the ATR
Not too shabby....
SPY finish below....
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11