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Re: rimshot post# 257

Friday, 05/01/2020 1:58:19 AM

Friday, May 01, 2020 1:58:19 AM

Post# of 368
/ES futures 2853.00 = the first session low print occurring shortly after the open of Friday's Globex session
equals
SPY print of 285.61
* the Thursday April 30th after hours session SPY low occurring prior to session close at 8:00 pm Eastern time
* /ES 2812.75 = this week's low at this moment

SPY 294.53 = one of the prior daily close lows,
which bulls must surpass by future daily closes to
achieve a lasting price advance with probable Staying Power

* a future failure to hold multiple daily closes above
the SPY 286.64 horizontal level will represent
bearish evidence
for at least the near-term

http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=8&dy=0&i=p48032502715&a=663798088&r=1586349862082

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