Friend, Do you use the T-Line?
The SPY closed Wednesday at 379.20, a bearish 3/8 Trap below the T-Line. A close below the T-Line today suggests the sellers are still strong. A couple of target zones below Tuesday's low are 368.55 and the 1000sma 347.05ish | |
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✔✔The Power of Using Moving Averages to Trade ✔✔ How we use the Cumulative 4-week New High/Low Indicator to help with the market direction. Bearish or Bullish ✔✔ Simple Trading With The T-Line | |
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