Get the Market Right with Heikin-Ashi ($SPX $SPY SPX SPY)

July 31, 2012

The body-inside-body heikin-ashi candle (middle pane) points to a slowdown (consolidation) of the recent explosive uptrend.

haDelta confirms again that historical resistance levels mean serious business and are worth watching.

haDelta is now below its short average with an invitation to stay aside if your intentions are to play the market long.

 

Get the Market Right with Heikin-Ashi ($SPX $SPY SPX SPY) 7/31/2012

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