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Daily SPY Action

AMEX:SPY   SPDR S&P 500
350 0 1
S&P             moving up but volume is without conviction. Treasuries not suggesting big rally either but it certainly can happen. Next major resistance point is S&P             1292 then the 1300-1320 range. Bearish momentum and MACD divergences but neither are yet confirmed. Care at this point.
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