| SPY latest price $90.1100 (0.68%) ($89.0000 - $91.3600) on Wed. Dec. 10, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 61 |
Latest Price | $90.1100(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) QQQ(92%) IWM(90%) XLK(89%) XLY(88%) EWG(82%) |
Factors Impacting SPY price | SPY will decline at least -2.3% in a week (0% probabilities). TLT(-35%) SHY(-13%) TIP(-9%) GLD(6%) LQD(17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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