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To: The Ox who wrote (2872)12/3/2013 1:37:27 PM
From: The Ox  Read Replies (1) | Respond to of 8239
 
VXX hitting an area that might be overhead resistance above $48....and SPY is back in an area of decent support 179.3.

If there's going to be a substantial reversal, I would say this is the area to start watching carefully. Since we've needed a pause for some time now, no reason why the intraday trend has to change. The harder we fall in the short run, the better, IMO.