ContraryTrader

Spy closing 442 gap

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trading in a channel similar to DJI and QQQ.

I feel we're closing 442.66 gap but the gap at 435 would be a drop below this channel range and that would signal a really bearish move. I'm leaning towards an eventual bounce at 436.40 area...

Let's see

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