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CosmicDust
Dec 10, 2014 12:16 AM

SPY update - 12/09/2014 

SPDR S&P 500 ETF TRUSTArca

Description

Big drop and reversal day, it closed right under the red line and might be working on its right shoulder. RSI down channel formed. We will see if it can go above 10 period MA and pink channel in the coming days. If not, together with a flat to downward 10 MA, there is a good chance a short term peak is in.
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