The market on 6 December 2012 has spoken. It looks like the Tenkan Sen crossover is true. The SPY is on a bullish trend pattern upwards, and it looks good from last Friday's trading day. The SPY closed trading day at USD $142.415 +0.435 cents from the previous day.
This is definitely indicative of a weak bullish behavior, as the current price is under the candlestick, and although the Tenkan Sen seems to be moving sideways at the moment, it should eventually move upwards as it breaks out of the Kumo (Cloud).
There should be a huge upswing soon, maybe we will see it this week DecWk2. Let's hope for the best! :)
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