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S&P 500 trend intact. But watch out for trend changes

Trading with the trend is a very big part of my strategy so its always wise to take a look at how the weekly charts are.

Prices have corrected last week giving back the gains from the week before. Our reverse head and shoulders are still valid, support is at 134 on the SPY and 130 next for the SPY.

I still favor a market where the trend is up. As such I will hold on to majority of my stocks.

Kyith

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