07/12 SPY ATR Levels and Ranges

59
Been out of the pocket for the last 2 days, so I am just going to stick to my lines this morning no emphasis on a perspective or thesis. ATR is at 4.39 which is going up from prior month and from earlier this month. I do think that we go back up from this low we are experiencing, the PPI reports came out this am relatively flat, however a shave off a few tenths of a point is good in the economics world. tradingeconomics.com/calendar

SCALP
SR2 559.35
SR1 558.78
SPOP 558.21
LAST PRICE 557.64
SBREAK 557.07
SS1 556.50
SS2 555.93

Standard Levels
R2 563.35
R1 561.16
POP 559.84
LAST PRICE 557.64
BREAK 555.46
S1 553.73
S2 552.57

Penafian

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