Trader I interact with sent this.
"I bought a pair of SDS calls in mid-afternoon....the SPY daily chart looks like it is going to roll over and take a tumble, imho."
He is anticipating a bit, but gets it right most of the time.
Another trader in the group said this..... "SPY $214.25 is an important number. I would like a close below it!!"
Here's his charts from Friday...https://drive.google.com/file/d/0B_iBP_D2-huUQkJMdXJoRHktTnc/view
My chart....http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=3&dy=0&id=p30675067830
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