Market Breadth Data

Wednesday, September 02, 2015

$SPY Technical Levels

SPY is bouncing between well defined technical levels with the focus point being last week's gap zone:










$SPY Trading Range

The failure of the SP500 to stay within the '15 trading box suggests that the index is entering a new trading range/box:









A break below the new support level will open the door for a retest of much lower levels:









with 160 (SPY)/1600(SPX) being the most prominent.

Monday, August 31, 2015

$SPY Gap Test

The SP500 is testing last week's gap:









A break below 195/1950 should result in a retest of the lows.