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SPY Continues to Waffle After The Jobs Data

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    From a near-term, Point and Figure Chart perspective, SPY remains in its relentless stair-step uptrend. Key support resides at 208.60-207.80. A print of 207.60 is necessary to inflict damage to the dominant uptrend. Otherwise, the bulls remain in directional control.

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