SPDR S&P 500 (SPY): $SPY was in a trading range for several...

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Re: None

Tuesday, 11/18/2014 12:04:38 PM

Tuesday, November 18, 2014 12:04:38 PM

$SPY was in a trading range for several days there. It finally broke out of that trading range today. $SPY will come back down and test previous lows before heading right back up again. Trading ranges trade differently than trends do. And like I said, $SPY did come into a trading range recently, trend stopped for a little over a week.

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