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SPY bearish for August

AMEX:SPY   SPDR S&P 500 ETF
SPY is moving into a highly volatile bearish phase that so far has disguised itself as a calm normal sideways trading range. This range will not remain sideways forever and my take is that we are at the juncture right now that the downside will be engaged.

HUGE volatility about to hit the market, caution advised.
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