SPDR S&P 500 ETF TRUST
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SPY bullish once break above hourly 100 MA

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The SPY hasn't been above the hourly 100 MA for nearly a month and a half; except for a few times and it quickly rejected. It looks like we will get above that MA today and I would expect the market to really start lifting and turning bullish. This could be what is needed for the market to finally start moving high from these level. And if it does I'd expect it to be very strong.
Note
First hour of today's trading clearly broke higher.

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