The SPY has been flirting with $109 for the last couple of hours. Internals are positive, but I expect increasing resistance between here and $109.50, the 200-day ema, ahead of the jobs report tomorrow.

Related posts:

  1. 11.05.09 – Positive Internals, Resistance at Prior Highs
  2. 04.30.08 – GDP Push
  3. 08.05.10 – Price Holding but Internals Negative
  4. Qs knocking at resistance
  5. SPY: Support & Resistance