Traaaderz

SPY likely to attempt daily high

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY likely to rise to today's high in tomorrow's session.
Rationale:
1. Bounce off 400 hr MA on Friday
2. Bounce off .618 fib
3. Positive 400 hr MA
4. Positive 40 hr MA
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