Today’s jobless claims inspired gap lower was caught by the twenty day moving average. While price has attempted a come back to fill that Gap, the SPY pivot/ QQQ 5-dma are proving initial resistance.

Related posts:

  1. 9.09.10 – SPY Near Miss Tag of 200-DSMA
  2. 03.17.09 – Caught by the Five-Day
  3. 06.25.09 – Powerful Markup
  4. 09.03.10 – Uptrend Intact, Pushing Overbought
  5. 10.04.10 – Down Monday?