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nmike

SPY mid week update

SPDR S&P 500 ETF TRUST (BATS:SPY)  
nmike Mod  
BATS:SPY   SPDR S&P 500 ETF TRUST
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The week is not over but so far it does not look good .Bearish candle pattern developing with NEGATIVE DIVERGENCE and an overbought STOCH RSI turning down. If SPY doesn't hold KEY resistance,watch for price to fall to near term target of 138
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