Posted on September th, 2009 alphatrends
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The SPY experienced a sharp rally from prior resistance and the location of the rising 20 day MA. Short term potential for resistance is found near 106.75 and then up near the highs at 108. Support is likely to be found near 105.65 and then105.30.
*THE NEXT WEBINAR IS MONDAY OCTOBER 12 AT 5PM EST.