The SPY is testing the important short term support line at 82.5. Be prepared to act on the potential breakdown or bounce.
The Q's, as usual, are showing relative strength.
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- Albert Wang
- Portland, OR, United States
- During any market environment, technical analysis has a place alongside the fundamentals. Breaking down charts is a science and an art. TA helps me manage my risk as it gives a little more clarity and objectivity to my analysis on the market and individual securities. Also, charts can give clear direction on where to exit a trade either for profit or to stop out a loser. Risk management is Job #1
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