ETF Chart of the Day: SPY Technicals
May 14, 2015 at 13:30 PM EDT
Looking at a 3 year weekly chart of the SPY (S&P 500 SPDRs, Expense Ratio 0.09%), we can see that it recently moved below its 3 yr. trend-line support. Over the long term, we notice that most pullbacks found support at its 20 week moving average. When it broke the trend-line and 20 week...