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fuddledazzle

SPY Fibonacci projection

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
fuddledazzle  
AMEX:SPY   SPDR S&P 500 ETF TRUST
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SPY pullbacks are finding support at the 50% Fibonacci retracement level. I see the SPY continuing to use the Fibonacci levels as support and resistance. I project the SPY moving up to test the to the 1.618 Fibonacci extension level.
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