1/6/2019 Stocks continue upwards move. Looks like more upside next week since we are above February lows now.

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SPY weekly 1_6_2019.JPG

SPY has successfully gone above the February lows, although we are still in that previous support range. I suspect we will continue to move up a bit more before falling. This could be a quick pop next week followed by more downside late next week or the following week. 

We will see what happens next week. 

 

 

 

Published by bigfry

Hi, I’m Nathan. I’m currently a Junior at Boston University majoring in Finance and minoring in Piano Performance. I’ve always found the financial markets fascinating so I decided to start this blog to share my experiences with you. Outside of school and trading stocks, I enjoy teaching and playing piano, fishing, watching anime, and teaching/playing "Go," an ancient Chinese strategic board game. This blog will be dedicated to sharing my trading experience, what I learned from the books I’ve read, and commentary on the major indexes and other stocks.

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