The daily on the SPY closed right at the 200 DMA. 2 days in a row. I always said that would be stiff resistance and it’s proving to be. Notice how the MACD isn’t sloping up with it? This run is nearing an end. For now the moving averages are mostly sloping up still and we have 2 days left before Powell makes his big speech. If I had to guess the speech …
11/26 Best Ideas For The Week Ahead
Get a 16% return in 3 weeks on a conservative protection position.
