ballhawkera8
Short

$SPY Weekly 50 and 200 avgs

BATS:SPY   SPDR S&P 500 ETF
58 0 0
A review of the last couple of corrections shows that support was found at the 200 weekly moving average in September 2011 and at the 50 weekly moving average in November 2012. If the current correction is similar, the SPY             will touch either the 148 or 128 range before bottoming.
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