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SPY Index

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AMEX:SPY   SPDR S&P 500 ETF TRUST
There is a clear bearish trends in the SPY Index.

This will be confirmed when the MA 20 and MA 40 intersect.

After this, they will probably go down several points, but it is important to keep in mind the past bearish floors in order to look for a potential buying opportunity.

It has not been a good couple of months for the Stock exchange, but this will only create more opportunities and further profits for those prepared.

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