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April 27, 2012

Fuinhaz $SPY afternoon update April 27, 2012

by fuinhaz

Just an amazing run on the $SPY, I must say, my projections were wrong, and foolish.I better stick to levels of targets and support. But we are now in  overbought territory, so we could start seeing some consolidation come Monday.

We crossed some major levels today, but we would be better closing above 140.64. As I type this we are at 140.58.

This was a very interesting week, and I am looking forward to next week.

May you all have a good weekend with family and friends.

Read more from Fuinhaz SPY Reads

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