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S&P 500 SPDR bullish channel defined

AMEX:SPY   SPDR S&P 500 ETF TRUST
S&P 500 SPDR (SPY) has broken key resistance at the 360 level. This was the top of the consolidation pattern that has been in place for a few months now.

A bullish channel has now become evident on the break out.
Comment:
S&P 500 SPDR 371.05 new all time high ... defines intra-day resistance

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