mike.lawler.969
Short

the pending sell off price structure

AMEX:SPY   SPDR S&P 500
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As the market is a fractal , many times a lesser fractal degree, gives you structure of the larger degree. The initial break shown by the lite area, resembles the larger fractal to this point. The arrows reflects where we are currently positioned. This dead cat rally will fail, with the pending selloff being of equal distance, shown by the white vertical lines. Price objective is SPY             188......time objective is Sept 1st.....stop loss is 197
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