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Mr_Puts
Nov 18, 2012 10:29 PM

Potential SPY H&S Short

SPDR S&P 500 ETF TRUSTArca

Description

By YEAR END we could have the "head" portion of the pattern completed. Roughly 8% below our from current levels.

Primary Catalysts:

1. Fiscal Cliff
2. Further acknowledgment from European authorities that core nations are being dragged down by on going periphery contraction.


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