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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (16932)4/17/2015 2:20:20 PM
From: The Ox  Read Replies (1) | Respond to of 33421
 
We'll see soon who's in control of the short term, can the market bounce or is the running of the stops going to continue into the close:

First phase would be for SPY to break below the 206.9 area before I would get much more bearish. The most obvious issue would be a break below 203.8. We could cascade down quickly if a test there failed to hold....at least that's the way I see it at the moment.


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