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$SPY - Updated Chart (Possible Bounce Targets)

AMEX:SPY   SPDR S&P 500
299 0 3
I think it's possible we see a bounce Monday at cash open, but doesn't have to. We have a double bottom at S3 on 1hr and filled the 206 gap. In conjunction with an accumulation pattern I see on UVXY             , which has lower downside objective to meet, would support a SPY             bounce Monday am.

I very much want to see a positive open to re-enter a UVXY             call position I exited for 80% profit.

Fib levels provide upside targets for the bounce, but I'm thinking the 207.50 area. Either we just tank and never look back or slight bounce, then sell off.
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