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Saturday, April 23, 2016 11:44:29 AM
SPY daily with SPX and SPXEW: SPY made a new all time high although SPX or SPXEW did not yet. I don't know the details why the SPX ETF does not track accurately, however there could be some patterns to help with trading from the comparison. When the divergence gets large it seems to indicate a top or bottom. We could also see SPY as another Happy family member which just gave us a Happy Family High trigger and should see all other Happy family members go to new highs
if it looks right it is right
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