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RyanDreBach

SPY bounce to $280

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
RyanDreBach Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY)
10
1
trendanalysis chartpattern spy
SPY looks primed to bounce to the $280 resistance area after a sharp dive. It just broke through it's short-term down-trend and looks created an uptrend line in the last 3 days that indicates a retracement back up until it breaks it's uptrend line.
Comment:
Correction: It was $1 away from breaking through it's downtrend. It was once again rejected.
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