$Amazon.com(AMZN)$ Ugly SPY cl

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$Amazon.com(AMZN)$ Ugly SPY close. We definitely weren't the only ones fading it, and it held up better than most. I don't know exactly why, but sudden end-of-day liquidity grabs like that tend to lead to bullish setups. A lot of people get scared, shaken out, or frustrated, which is exactly the point of those moves. Especially the day after a Fed decision and speech.

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