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Friday, May 28, 2010

SPY - Daily Update















Markets are in trading range, so far going into Memorial Weekend and Monday's market is closed for the Holiday. Looking forward to some more volatility in June, but we will have to see. SPY on a Weekly basis is still in a downward trend. As, looking at this chart the market may try and fill the gap down left May 20, 2010. Let see what the play will be in the next coming days.