In10gsDeep

SPY predictive chart update

AMEX:SPY   SPDR S&P 500 ETF TRUST
Today price met the 20dma (red line) pre-market and pull back all day. Not all is lost considering how low the price dropped Thursday. I still think it has a chance upside to the 50dma (blue line) and trend line at $378 but this market really can't make up it's mind and rightfully so with all things to consider.. I am not surprised at anything.
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