Spamwich's  Instablog

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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 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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