SPY Trade Levels 5/7/15

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At 7:30am EST the market is trading near yesterdays low and off a pre-market low of 206.31.

We've moved well below the lower blue trend-line and we have several tight targets, including the 50D SMA , should the market attempt to move higher.

Below yesterdays low we will target 205.21. We will remain cautious of an aggressive move toward the 200D SMA .

50D SMA Green
200D SMA Red
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