SPDR S&P 500 ETF TRUST
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Bearish SPY monthly Chart

Bearish SPY monthly Chart, all time high, 190 level by Feb. 2016. Looking at the chart Sept. 2015 Candle closing below EMA indicating the start of a down trend... Re-considered your position if you are all in calls.
ETFoptionsoptions-strategySPDR S&P 500 ETF (SPY) Stocks

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