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SPY - STRONG MOVE HIGHER NEXT WEEK.

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
So we hit the 380 target and now we are bouncing, this should be a very strong move higher potentially breaking the 392 level by (wed, march 3rd).

I didn't take the long because option prices were so expensive.

There may be a short next (wed, thurs, fri ) when option prices are cheaper and reward to risk increases.

Comment: Breaking higher as mentioned.

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