Spamwich's  Instablog

Spamwich
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Specialty: Technical Analysis My early years were not so rich, I had a poor family, at age 12 I landed my first job as dishwasher for $6/hr, by 14 years old my mother suggested to cut grass around our town for extra money, so with what little money I had, I put into some fliers and a lawnmower.... More
  • $SPY Weeks Low Likely In 0 comments
    Mar 27, 2014 2:19 PM

    According to my model , the low for the week has likely been seen at 1834... A reversal here would not be surprising considering the price is on the oversold side of things on the 60 min charts and under. The question is if the bottom of the channel is tested, the longer term technical indications are suggesting that will happen.

    Fridays close is expected to be in the 1830 range...

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