AMEX:SPY   SPDR S&P 500
160 3 4
Observation for giggles. I'm expecting chop and will continue to keep trades tight.
since 8 /2010 gaps @
177.42 ; 166.04 ; 152.77 ; 142.5 ; 129.19 ; 117.54 ; 106.
Gaps on the spy since 2009

worst case news would be the gap at 152.xx fill on that lower up rising trend line .
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G13Man G13Man
nice to see others see that other lower up trend
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Ialso think that we entered a period of high volatility right now.
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