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SPY - MONTH CHART

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Beyond Technical Analysis SPDR S&P 500 ETF (SPY)
5
0
beyondta spy

The chart did not break through the Fibonacci level coolly. A downward wave appears to be necessary.

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