We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of the SPDR S&P 500 ETF (PACF_SPY).
I hope you are having a GREAT week !
This week let's take a look at the SPY (the S&P 500 ETF), which tells us the direction of the general stock market.
When trading stocks with MarketClub we use the monthly Trade Triangles to tell trend and the weekly Trade Triangles to time the trades. Continue reading "Chart to Watch - SPY"
