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Weekly Indices:
SPY - S&P500 ETF: Weekly looks pretty strong here. Finished up +0.80% this week. This did get rejected at the trend cloud resistance of 414.05 and closed below it, this is also a fib level. If we break it, the next level to the upside would be 421.22. We’ve had five green weeks and we were rejected at key levels this week so we’ll see if it can break it, momentum is currently on bulls side.
