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Spamwich
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Specialty: Technical Analysis Name: Michael Payne, CEO of No Payne Roofing Inc. Objective: To share results of technical indications Experience: Relentless market participation since November 2011
My company:
No Payne Roofing Inc
  • $SPY Watching For Buying Opportunity 0 comments
    Mar 24, 2014 9:14 PM

    I have a spotted a descending channel, currently my signals are on the sell side of things, bottom of the channel is at 1810, however I will be looking for the 1825-1845 support zone to hold to bolster the longer term outlook, ideally I would like to see a close for the month above the 1860-1870 region to hold the medium term bullish perspective, this may prove to be a price range that could prove to be support in the long term perspective...

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