AMEX:SPY   SPDR S&P 500 ETF TRUST
1
SPY has decisively closed above the 200 DMA, rallying in the last 30 minutes on Friday. The market seems poised to return to the year's highs as it moves up a channel. However, expect a small pullback to the top of the triangle that has been formed in the last 4 months or to the 50 DMA.
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