SPY Recently broke 200 Day Moving Avg

[john voight]

if anyone could share some analysis and reasons behind (your analysis), I would appreciate it

[Zygote]

im short S&P through an etf that tracks the downside by two times. symbol (sds)

my reasoning has nothing to do with moving averages however. Ive got many more short positions on US markets and the reasoning is entirely macro.

[adios]

[ QUOTE ]
im short S&P through an etf that tracks the downside by two times. symbol (sds)

my reasoning has nothing to do with moving averages however. Ive got many more short positions on US markets and the reasoning is entirely macro.

[/ QUOTE ]

I'm guessing your positions are based on macro economic considerations rather than TA.

[pig4bill]

The 200dma looks to have no influence on the SPY.

BTW, SPY is on the AMEX, not the NYSE.