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Target Hit on SPY Pullback

by February 24, 2023
by February 24, 2023

This week, the SPY pulled backed to the Daily 50-SMA, which was the target TG was looking for. Now it seems price is trying to hammer out a local bottom. Will it be enough? Will there be more downside? In this week’s edition of Moxie Indicator Minutes, TG dives in to see what the charts tell us and what side we should lean towards.

This video was originally broadcast on February 24, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, iOS, Chromecast, Android, and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.

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BigMoneyHall.com – Investing and Stock News
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BigMoneyHall.com – Investing and Stock News
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Disclaimer: BigMoneyHall.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

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