SPY closed below both 9 and 20 day short term momentum moving averages.
Looks like market is entering into a range bound zone between 236 and 240. Earning season is almost over and seasonally market is entering into a weak period without any upcoming catalyst.Market is also swing some weakness in terms of market breadth and lack of leadership names. But trend is still up and hopefully Bulls will show up for dip buy in the bottom of the range.
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