The SPY has been ping-ponging between its declining VWAP and S1 just under $110.  However, the other indices aren’t demonstrating the same support and internals look like they are setting up for p.m. continuation.

Related posts:

  1. 12.30.09 – Wide Vacillations
  2. 09.08.09 – Taking Stock
  3. 09.29.09 – Comeback Kid?
  4. 09.03.10 – Uptrend Intact, Pushing Overbought
  5. 06.09.10 – Five-Day Moving Average Target