DJHTrading

SPY Just Hanging Around

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
AMEX:SPY

While the SPY closed down today and closed below the HMA , it is still inside the upward channel, above the cloud and all signals/assessments from yesterday are still valid. With the news floating the possibility of FED reinstating Operation Twist, expect SPY to meander in the general upwards direction.

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Thanks:) Hope it does
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