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SPDR S&P 500 ETF TRUST
Short

Still tracking downward slope

By Slug403
Updated
THis is update from last post of downward trend,price has currently have broken .382 fib line or first fib. Currently at higher TSI of 46, it appear macd may be downward crossover occuring next fewdays. also High stoch signalling overbought territory looking for a downward trend. i believe it will bounce from first fib line 407 to second .50 line 397 and may hold support here or continue to test .618, 390 in the week of sept 12SPYSPY
Note
as forecasted it broke 390 week of sept 12
SPDR S&P 500 ETF (SPY) Trend Analysis
Slug403

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