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nmike
Oct 26, 2012 1:52 PM

SPY daily  Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY at KEY SUPPORT LEVEL and close to a 2 line resistance. TARGETS?....just follow the LINES....
Comments
nmike
After bouncing off at key support level 1,SPY is back in the downward channel.Now,it's either going to bounce within the channel or eventually break out of the channel to a new bull phase.
nmike
>>>> holding at KEY support.....
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