MichaelGLamothe
Long

Price Action Tightening, New Support Created

AMEX:SPY   SPDR S&P 500 ETF
spy
141 0 3
spy
SPY             broke back above its 50dma today. Volume was below average but it has been climbing over the past several days. Also over the past several days price action has tightened on the daily chart and support exists right around 204.
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