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February 11, 2010

SPY Chart – Broke Above Down Trend

Filed under: ETF - 11 Feb 2010

I charted the past 21 days of SPY after I saw SPX was stuck at 1080 again.  Looking at the difference between the SPX chart and the SPY chart can be interesting sometimes.  SPY typically follows the SPX as designed, …

October 28, 2009

SPY Chart – Sitting on Crucial Support

Filed under: Uncategorized - 28 Oct 2009

I charted SPY this afternoon when it was trading at $105.33 as it sat at a level of critical technical support.  The two main indicators I like to use that are in play right now are the trend line of higher …

September 16, 2009

SPY Chart – Sticking to Resistance Trend Line

Filed under: ETF - 16 Sep 2009

I charted SPY this morning at 9:47 when it was trading at 105.83 and saw resistance holding the S&P 500 index back from breaking out too far for the next few days.  I’d like to see a few percentage point …

September 11, 2009

SPY Chart – Back up to Resistance

Filed under: ETF - 11 Sep 2009

I charted SPY before the markets opened after it closed within a few cents of its high of the day yesterday at $104.79.  With a close at its highs yesterday I expected a stronger opening this morning, but the chart shows the …

August 7, 2009

SPY Chart – Limited Upside

Filed under: Uncategorized - 07 Aug 2009

I charted SPY this morning at 10:37 when the S&P 500 ETF was trading at $101.14.  After the better than expected jobs report this morning SPY still couldn’t make it through the line of resistance it’s been bumping against all …

August 4, 2009

SPY Charts – 1 month vs 6 months

Filed under: ETF - 04 Aug 2009

I charted the S&P 500 ETF, SPY, this morning at 11:25 when it was trading at 100.33.  To my eyes, this highlights some of the uncertainty in the markets right now.  If you only drew the one month chart you’d see clear support at …

June 4, 2009

SPY 3 Month Chart – June 4, 2009 Pre-market

Filed under: ETF - 04 Jun 2009

I charted the S&P 500 Index ETF, SPY, before the markets opened on June 4, 2009, after it closed at 93.65 on the 3rd.

SPY found support yesterday just above its 200 day moving average
SPY is still in the middle of …

April 24, 2009

SPY Chart – April 24, 2009 – Premarket

Filed under: ETF - 24 Apr 2009

SPY is a large ETF that attempts to mimic the daily price changes in the S&P 500.  I charted the daily prices for SPY over last three months premarket on Friday, April 24, 2009 after it closed at $85.37 on Thursday.

Line A …

March 31, 2009

SPY Chart – March 31, 2009

Filed under: ETF - 31 Mar 2009

I charted SPY at 3:00 pm on March 31, 2009.  SPY is one of the largest S&P 500 Index ETFs.  I typically trade SSO (double SPY price action), but chart SPY for a better view of the market’s direction.

 All trend …