$SPY Analysis 9/3
- John Lee
- September 3rd, 2010
Very nice move here. We have two resistance areas marked from the 8/11 gap and at the 100-day MA (potentially the 200-day MA, if needed). We also have a gap at 8/19 that may be resolved. It’s a good time to sell some longs into this strength. I know I will.
Markets are closed on Monday, September 6th.
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John C. Lee has been trading for 8 years specializing in discretionary and technical long/short equity strategies. John started investing at the age of 13 and began trading at the age of 18. He is best known as "the Chart Addict" (more) -
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