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Fade the SP500 gap down

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Fontas  
AMEX:SPY   SPDR S&P 500 ETF TRUST
3
5
Easiest trade I've seen in a long time.

In the recovery of a 12% panic dump, we have an opening gap down. Beautiful textbook trade. Fade the gap (Buy long)

-"Technical Analysis of Financial Markets"

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