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nmike
Jul 20, 2012 4:15 PM

SPY (daily) update Long

SPDR S&P 500 ETF TRUSTArca

Description

If SPY ends today at around these levels,I would take some profit here as we have reached a short term trend line resistance with slightly diverging oscillators.If you are a long term investor I would still be long as the major trend is still bullish.
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