The MoneyShow Chart of the Day shows the SPDR S&P 500 ETF (SPY) from mid-July onward. The chart shows that this market can’t be kept down - just like a beach ball when you try to shove it underwater.
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
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