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damoonmotamedi

SPY - Good long setup!

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
damoonmotamedi  
AMEX:SPY   SPDR S&P 500 ETF TRUST
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It is a good practice to watch for patterns in larger time frame.
MA bow ties usually show a great deal of resistance. Also 200 daily MA is in that vicinity!
Just remember this market can get violent quickly!

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