SPDR S&P 500 (SPY)

[NetNeutral]

The Cascading Discount Wave – Day 3 …

Wednesday High 210.92, Friday’s Low 207.91, or a decline of 3.00 (-1.4%)

We can extrapolate using said numbers, closed 208.97 so we use simple math to arrive at the ST target?

208.97 – 3.00 = 205.97 (GAP at 205.99 from 4/12 likely ST target)??

The HUGE drop into the last hour of trading on Wednesday triggered a ST-TOP that got us screaming from the Roof-Top to GET SHORT and we stand by this call into Tuesday as the SPY attempts to violate the key support lines listed below?? Obviously the SPY will trigger a TREND CHANGE if said support lines get violated, let us all play along as da-Boyz follow our lead and complete this ST Cascading Discount Wave of meaning, or NOT, LOL…

Support
208.65, 207.78, 206.84, 206.50, 205.92, 203.97

We xpect EVERY Freakin one of deeze puppies to get violated as we careen into the CLOSE on Tuesday, OUCH!!!