wstchse
Long

Spy Long

AMEX:SPY   SPDR S&P 500
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I have taken a small long position @Friday's close, hedging 50% until further bounce confirmation is determined. I would not be surprised to see price go a bit further down, but as long as the bear momentum is slowing I will add moderately to my position. Technical Notes on chart. Also Important to note that we are building bull divergence on the lower time-frames

Good Trading
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