marketmind3

SPY SPX Still Bullish - Nothing Stopping This

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
In theory we are up against resistance here on SPX. But scanning the pissed off comments of most traders who are short and/or missed the train, I say there is fuel for a pain trade higher. With some technicals JUST turning today, we may have many more up days. and with weeklies turning as well, many more weeks of upside.

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