Jul 9 2018 - SPY Breaks Out of Channel

SPY (S&P 500 ETF) broke out of its channel today, putting the January all-time highs as the next upside technical target.

Google, Apple & Amazon all had good days as well, while AEP, D & XLU sold off (watch 20-day EMA for support). And, keep an eye on Yellow Roadway (YRCW) as it is approaching a key resistance level.

Have a great day!

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