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SPDR S&P 500 ETF TRUST
Long

$SPY : Another strong weekly close

172
SPY closed the week up 3.5% keeping the near-term uptrend for the markets.

First 293 and then the 200 day moving average at 297.22 can be expected to be resistance.

Support is at 288-290 band.

ES futures are trading down about 1% as markets get the jitters with Covid-19 reported in the West wing.

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Chart PatternsesfuturesSPDR S&P 500 ETF (SPY) Trend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsesfuturesSPDR S&P 500 ETF (SPY) Trend Analysis
insyyte
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.