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rimshot

07/03/18 9:36 AM

#118 RE: rimshot #117

SPY 272.94 = 21-day ema, above
which the bullish case now depends

272.06 = 10 week ema, which bulls must
defend when intraday declines occur

269.21 = 15 week sma, which was defended at
last week's pullback lows and on Monday
July 2, 2018

269.37 = daily 21,2 lower Bollinger Band value as
of just after the open on Tuesday July 3, 2018

268.85 = 100 day sma, below which it has been rare to see
intraday declines for several weeks, and even more rare
to see daily closes below since late May

* all price levels are based on Dividend-Adjusted chart data
used at StockCharts.com ...
broker chart feeds will not provide this

$SPX 2717.49 must be defended by bulls during
future declines, and 2690.16 must hold as horizontal
support in all future declines OR the bears will
be able to achieve downside traction