SPDR S&P 500 (SPY): Spy 4 HR... spy closed the week at 300.0...

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Friday, 06/26/2020 11:07:00 PM

Friday, June 26, 2020 11:07:00 PM

Spy 4 HR... spy closed the week at 300.05 per stockcharts... didn’t quite close below the 300 mark but definitely trading sub 300 for some time today... spy mid bb is 307.89 on the 4HR and the 200 Sma is a 290.53... spy closed this week in between its (S1) and (P) which could be perceived as currently bearish... spy is currently in between its new weeks 4HR (P) 304.66 and (S1) 298.90... so given those values that’s where I’ll start looking for clues for direction... accumulation is looking to take a dip and money flow is turning toward negative... that being said the picture is still overall bullish imo ... with hints of UH OH... lol gla spy

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