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Saturday, July 9, 2016

SPY Weekly Recommendation and Forecast

SPDR S&P 500 ETF Trust

Us stocks are clearly in a solid bull trend line and the S&P 500 is close to the all time high of 2134.72 reached in May 2015.
The SPY is trading at 212.65 and break the support level of 212.52, we see a solid week to probably reach the 216 - 218 levels.

52 week low: $181.02
52 week high: $213.18

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