rlim
Long

SPY hourly chart, long

AMEX:SPY   SPDR S&P 500
24 0 0
Channeling upwards, staying under supply line
demand lines are showing an acceleration in demand
Closed today close to accelerated demand line.

Saw resistance at 202 twice early in the session.
Dropped to 200.50 mid-session but recovered to mid-range at 201.3

Volume is lower than average today at 105M, will be interesting to see if trend continues on Monday.

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