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Huge inflection point for $SPY
SPDR S&P 500 ETF TRUST
(
AMEX:SPY
)
Jfielder_strat
Plus
AMEX:SPY
SPDR S&P 500 ETF TRUST
Trend Analysis
3
0
trendanalysis
$SPY is pressing a previous resistance level (392) as well as the March bear market trend. RSI is signaling relief rally although it all depends on earnings. If the dollar and rates can trade sideways in the short-term expect stocks to rally.
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