Internals Are Positive, Bullish Moves More Probable (SPY)

For all of the SPDR traders reading our Benzinga content I just wanted to note that market internals are looking to favor the bulls so far. They have tested neutral territory but are indicating strength in the positive numbers.

Advance-Decline line and U-D line are both respectfully green. So if you are looking to get long Standard & Poor's Depositary Reserve (NYSE: SPY) for a day trade this would be your entry signal. Keep a stop as it could be a choppy trading session on SPY.