Thursday, May 10, 2007

SPY (Spyders) Weekly Chart


Friday will be telling, todays action should have all investors "On Alert." We've run hard and strong for 5 straight weeks without a weekly decline, but if volume this week is higher than the past five, it'll mark a shift in professional sentiment. You want to see pullbacks on lighter volume and up moves on heavy volume. Let's see how she plays out tomorrow!

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