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⋅ AMEX:SPY
Weekly SPY gaps under the Median Line ....
Any hope for a Santa Rally is now canceled.
This might be the start of the big move lower.
Watch for the retest of the ML and short this to the energy point around 318.
Oh yeah, and the 0.618 Fibonacci Retracement Level is also at 318, probably nothing.....
Fat_Fat
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⋅ Added Mar 17 386 SPY Puts.
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Gap under + retest = Mega Dump incoming