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SPY 1.10.12

Posted by StockBuz on January 11, 2012 at 7:54pm
These are the two target areas I've been watching in SPY since Christmas [see chat archives] based on near term patterns. First target based on a small head&shoulders bottom, maybe a pullback to test the 200d, and then a larger ascending triangle target which would take us to a new high and keep us within the larger channel which I drawn in.

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Tags: long-ideas, spy
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