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#SPY:Closing first time above 20 DMA after bear began

AMEX:SPY   SPDR S&P 500 ETF TRUST
After a 3 day balance the indices rocketed higher yesterday. #SPY closed above 20 DMA for the first time after the bear market began. Another close above 20 DMA today will confirm that the move up is getting real. #ES futures point to another gap up about 3% on the averages.
Also the indicators I follow have turned up confirming this up move. If this torrid up moves continues #SPY target is 300.

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