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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 Downside Potential Limited 0 comments
    Apr 11, 2014 9:40 AM

    I don't need to make this too complicated, the MACD hasn't been looking healthy on the daily for a while, however price is approaching a bottom that should give us over 100 points of relentless rally. At this point the lower TL looks like it will be tested, I will only be looking to go long from there, unless there is a solid break of the lower TL. This is a bull market, the bull market is still in tact, SPY 2000 is still my target for July...

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