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  • Friday Outlook: Commodities, Global Markets [View article]
    The real support on the SPY was around 89 which can be clearly seen on a 50 day daily chart. When SPY hit that on Wednesday and the market was short term oversold, the rally followed.

    You can see a possible "head and shoulders" forming on the same 50 day chart.
    Jun 26 08:27 am |Rating: 0 0 |Link to Comment
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