Back in Jail! Up in Smoke! "Fizzle, Fire, or Nothing?"

Smoke Can Be Fizzle, Fire, or Nothing!

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SPY - 10 Day, Hourly - 12.29.10 - There is a struggle to stay above the 20 Day Moving Average.  This could be Problematic as the market progresses.   The longer term trend is upward and cannot be ignored. There are some signs of Toppiness that require attention.  Proceed with caution!