KrunchieKilleen

Indexes possible mild correction

AMEX:SPY   SPDR S&P 500 ETF TRUST
At this stage, it would be premature to expect a trend reversal. However, I anticipate a mild correction to offset the excessive exuberance of January's advance. Then, we should watch to see if shares continue their upward course, or commence a downtrend in anticipation of coming interest rate hikes.

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