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emnida

SPY potential decline over the next few days.

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
emnida  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Fibonacci Support and Resistance
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fibonacci supportandresistance
Based purely on the first step in convergence between MACD and signal, still need another candle or two for confirmation. Fib showing support around 228 if we do begin to decline heavily.

Will be watching the daily chart for confirmation.
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