Technical Outlook Improving

02/09/2009 11:42 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

Friday's strong close after the selling mid-week has improved the technical outlook. The weekly momentum has turned up, and a move above the prior highs will signal a stronger rally. Volume in SPY Friday was the heaviest since the November lows, which is positive with resistance now at 85 and 100.

Related Articles on STRATEGIES

Keyword Image
Yield Curve Hype
04/04/2019 2:32 pm EST

Despite what you heard, there has not been an official (10-year/two-year Treasury spread) yield curv...