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Tackle Trading Newsletter: 3.28.25

We’re dropping the SPY ranking to -45 this week after the market failed a key resistance test and confirmed the bearish retracement. Price pushed into the expected wall at the 200-day SMA, paused for a moment, then reversed sharply—offering a textbook 38% retracement before turning lower. That’s not strength, that’s structure. And now, the downtrend remains the dominant force.

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