ContraryTrader

Spy 11/23

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Tech will be the catalyst pulling things down here. Financials performed well today but they won't be able to keep things afloat If Fang and the chip sector pulls back.
We broke are trendline (Whiteline) today that we've ridden since late October.
Now I think we back to support at around 461-462.. Look for a bounce there and if we fall through then we could def be headed to close some gaps below.

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