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Madrid

Consolidation at 260

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Madrid Wizard  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Support and Resistance Fibonacci
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trendanalysis supportandresistance fibonacci
HL/LH = Consolidation. Still holding 260. This is a strong support, if the closing price holds it may try another leg back to 280.
The word of warning comes from the trend support line, which was violated already.
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