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Re: rimshot post# 16579

Sunday, 04/01/2018 10:21:31 PM

Sunday, April 01, 2018 10:21:31 PM

Post# of 41217
sell SPY rallies while price actually holds below the 268 to 274/274.80 zone

And

buy SPY dips, unless the 248 to 264.90 zone fails to hold during intraday declines;

I cannot prudently tighten this potential dip buying zone more at this time because this bull/bear battle is likely to heighten price volatility on an intraday basis for a few more weeks ... especially, since all
the subscription services I read are now talking the positive April seasonality as a prime reason to be bullish in April

* like last week, this coming week will run over both bears and bulls with failing declines and failing price advances, imo ...

the potential horizontal zone of 248/250 to 268 remains in play, until proven otherwise ...
with SPY 274/274.80 as the potential upper resistance above that
resides above 268

/ES 2733 to 2747.75 = ditto for major R, unless /ES immediately holds above this level during a future and lasting advance

* I give only 45 to 65% odds the March 2018 intraday price low for SPY is not eventually violated to the downside, at least briefly

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