$SPDR S&P 500 ETF Trust(SPY)$ Nice bounce in Technology XLK as near-term downside momentum starts to fade. I'm watching the October 22nd downside gap: failure from here keeps the lower-lows and lower-highs in place, while a breakout would start to suggest the bulls are back in charge. The same applies to the short-term chart of the S&P 500 SPY.

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