Category: Submitted Articles
- Published: 01 August 2016
- Written by Jenny Rebekka
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) floated higher today on light volume after GDP grew less than expected at 1.2%. The light volume enabled the S&P 500 to float out of a tight range it had been holding for the last twelve trading days. This does leave the markets in a slightly bullish manor going into next week. Note the chart below.
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Jenny Rebekka
Pro Trader