Saturday, July 26, 2014 12:11:03 PM
SPY - imho 195.00 is critical. Previously, the advancing weekly volume had identified the 195.06 low as a trend reversal. Now, the 60 min PNF also flags the 195 area, with a target generated of approx 186 if broken. With the seasonal pattern looking lower, this would be a reasonable first objective.
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