{"id":8433,"date":"2010-11-22T10:56:05","date_gmt":"2010-11-22T15:56:05","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=8433"},"modified":"2023-03-30T10:19:13","modified_gmt":"2023-03-30T14:19:13","slug":"morning-thoughts-29","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/morning-thoughts-29","title":{"rendered":"Morning Thoughts on November 22, 2010"},"content":{"rendered":"

Good morning traders. Market is consolidating late last week\u2019s move off the 117 area in the SPY. The key in the following weeks is going to be if the market makes a lower high and signals the start of a bigger picture correction or makes a new high for the year. In the short term the indexes have a two day bullish flag I will be watching for a break to the upside. Holding over 120.50 should lead to at least 121.
\nFollow me on twitter for real time updates @JoeP_SMB
\nSPY
\n121.65
\n121
\n120.50
\n118.6<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning traders. Market is consolidating late last week\u2019s move off the 117 area in the SPY. The key in the following weeks is going to be if the market makes a lower high and signals the start of a bigger picture correction or makes a new high for the year. In the short term the indexes have a two … Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1394],"tags":[],"class_list":["post-8433","post","type-post","status-publish","format-standard","hentry","category-joe-ps-blog","no-post-thumbnail"],"yoast_head":"\nMorning Thoughts on November 22, 2010 | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/morning-thoughts-29\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morning Thoughts on November 22, 2010 | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Good morning traders. Market is consolidating late last week\u2019s move off the 117 area in the SPY. The key in the following weeks is going to be if the market makes a lower high and signals the start of a bigger picture correction or makes a new high for the year. In the short term the indexes have a two ... 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