SPY breakout attempt by the bulls but it stalled at resistance.
Even though strong action in SPY and technology QQQ,action in Small cap etf IWM is a bit worrisome as it actually closed red and below 50 MA again. Something to keep in mind. For sustainable breakout all sectors needs to participate. SPY short term support at 228.50 and then 20 MA 227-227.60 area. Overall, trading action in individual stocks still remain strong.
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