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$SPY : Gap down open

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AMEX:SPY   SPDR S&P 500 ETF TRUST
$SPY lost the 20 DMA yesterday. The intermediate trend is likely to be down if 20DMA cannot be reclaimed.

$ES futures are trading down about -25 handles as of now pointing to a down gap open for $SPY.

Indicators have turned, are turning, pointing to downtrend.

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