Replies to post #52904 on SPDR S&P 500 (SPY)

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Hi Learnin'








Good point, we are at support here on the yen on the daily charts, so there could be a thought that we go higher from here on the Yen causing the weakness in stocks. A break of support and we go up big time here in stocks, so I would wait to see what happens here at the support level before making any deductions that are too bearish.