BGMind_Control

SPY tests the 200 MA on the daily

AMEX:SPY   SPDR S&P 500 ETF TRUST
The initial reaction was a rejection off of the 200MA and the 21 EMA. However the momentum of the market is still on the green side. Next week will be more definitive if we are truley going to get rejected off of this level or we will regain it. For now i am neutral.

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