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GuTA

07/15/16 12:30 PM

#208416 RE: gdl #208411

I agree on timeline. I said ATH in July with a pull back in August before we resume the move higher another leg (230ish) in Q4. I did think we would see a nasty blow off top coupled with oil to YTD highs on this run (thought oil 52 and spy 220) but that may just not be in the cards. Either way I am confident we see a retrace to near 200 spy before summer is over and then another ATH later this fall.