mamwad
Short

A possible track for SPY

AMEX:SPY   SPDR S&P 500 ETF
spy
30 0 2
spy
There are two long time trend lines which one might consider. It appears to me that breaking either trend lines may result in a significant move in either direction. Given the current US and global economy I'm biased toward bearish move. Forgot to mention, I'm new in technical analysis ;)
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