AprWk1 - SPY Tuesday Market Update - Last night's performance saw the SPY reached a 52 Wk high of $157.21. From the looks of the charts, there is more upside to this. :)
Let's hope that tonight the SPY goes up a little more and we can find a trade. The daily up down patterns are just not conducive to determine if there is a potential trade to be made, of course I could take a risk and be foolish, but if I were ever to be wrong, I would be the one to pay the heavy price for it.
Anyway, price risen upwards, the Tekan Sen is also moving upwards. That's fine because the real impact is when there is a Kijun Sen cross, that's when it will be a real bearish situation. For now, it looks like an all time high weekend.
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