Multi-time Frame Analysis: SPY

[TrendSpider_Jake]

Using multiple time frames is the best way to get the full picture with what is really going on with a stock. The TrendSpider platform allows users to overlay longer-term Fib levels, trendlines, upper indicators, and lower indicators to shorter-term timeframes. This example shows the daily SPY chart with the weekly trendline overlay (dashed line) and weekly Bollinger Band (dashed as well).

 

[murray t turtle]

Using multiple time frames is the best way to get the full picture with what is really going on with a stock. The TrendSpider platform allows users to overlay longer-term Fib levels, trendlines, upper indicators, and lower indicators to shorter-term timeframes. This example shows the daily SPY chart with the weekly trendline overlay (dashed line) and weekly Bollinger Band (dashed as well).

%%
Your charts are much more bullish than mine.The standard weekly[ IBD]chart shows a bit of support in 207.777 area. 50 dma + 200dma .NOT a prediction .The bullish side is if you like 5 minute charts+ gambling so to speak, + i dont; but IBD has 5 minute support @$255.55