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Range bound $SPY, going nowhere but down

AMEX:SPY   SPDR S&P 500 ETF
33 0 0
After hitting the range bound ceiling, $SPY is looking a sell until 180, which is still a lower bound supported by FED balance sheet ( http://rothbardiangoldprice.com/2015/08/2015-08-23-how-much-lower-sp-500-can-go-this-time/ )

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