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$SPY testing downterm channel

AMEX:SPY   SPDR S&P 500
$SPY made an upthrust to 212 before it turn down. and it made a spring on 198.85 support where previous daily swing low was 198.00. Volume is also declining, if SPY             show a weak bar, it may break the support for more deeper move. I am watching 190 area support before testing 182 support. There is bulls potential, but I need more reason for going bullish , since the 208-212 resistant area looks threatening.
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