Key level support is holding and SPY price is tracing between the upward sloping VWAP and five-day moving average.  However, internals remain bearish going into the afternoon trade. The “giveback” in gold was a bit more pronounced this morning.

Related posts:

  1. 08.12.10 – Coiling Under Pivot
  2. 12.08.09 – Very Negative Cumulative Tick + Rising VIX
  3. 11.25.08 – Mild Pullback…
  4. 10.04.10 – Down Monday?
  5. 08.24.10 – Channel Mucking