SPDR S&P 500 ETF Trust
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Price prediction based on Distance from 40 month MA

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Notice that every time price hits the blue line (resistance) on the Distance from MA indicator, it hits the support at zero (green line) within about a year. Based on current price, SPY is at resistance and could hit the 40 MA about within a year. That would be a roughly 30 percent drop from current price. Not investment advice.

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