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senobwas
Jan 5, 2012 7:39 PM

Daily SPY Action 

SPDR S&P 500 ETF TRUSTArca

Description

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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