SPDR S&P 500 (SPY): I just went over a daily chart of spy fr...

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Friday, 04/17/2015 2:23:55 PM

Friday, April 17, 2015 2:23:55 PM

I just went over a daily chart of spy from the past 5 years. It shows that in the past spy has not experienced the amount of rapid up and down volatility it has been displaying this past few months. I think this could mean the market is starting to show cracks at this level and could be topping out. We are seeing dramatic and sudden swings unlike what we have seen in the past. This must indicate a fragile condition at these levels.

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