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xode

Bearish

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
xode  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance Head and Shoulders
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supportandresistance headandshoulders
Price is rejecting off the upper trendline, as well as the 200 MA. My market views remain Bearish despite the market opening up.

A Head & shoulders pattern is forming on the 5m, and indicators on 15m support my theory.
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