AMEX:SPY   SPDR S&P 500
248 4 4
When Price Gets a Little Crazy. Prepare for a snapback.
Give it two years, SPY will see a 50-handle
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This will be the moment to decide if technical analysis is right or wrong
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I concur. But I think the first pull back should be around 155 based on SPY fair value. If we break that support then yes we are all the way back to 140.
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Yep, no way this thing could run further
snapshot
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