SPDR S&P 500 ETF TRUST
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SPY could start a clear bearish trend.

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The market strongly breaks our subjective support of r200ma on April 4, and then tests the $520.00 zone, forming a clear resistance in that zone which gives us an HL's, on April 12 the price breaks a $512.00 support zone, zone that the price could test and then form a downward trend, if our prediction is confirmed, the price could be looking for the $495.00 zone.



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