Gus

S&P Pullback to 38% and test at 50% retracement?

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
S&P ending with high volume on 200 MA suggests a possible pull back to 38% and 50% retracement. If the test on 50% fails then we are looking for fresh new lows in coming months!!!
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