SPY closed back over 50 MA and the range is tightening up. Needs to break out over 287.30 for a run 200 MA. Support is 270 area. Seeing many individual stocks basing well, setting up for another run during this market consolidation. Big tech earning week coming up , AMD, GOOG, AAPL, AMZN, MSFT, FB . So I would pay attention to reaction to those earnings for market direction.
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