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Thursday, February 11, 2016

Still expecting one last bounce


We have an interesting end to the week coming up. The $SPY weekly is right on support. I would not be surprised to see one final rally to a lower weekly high before the market really lets go.


$VIX daily is on resistance. There has not been strong buying in the $VIX. I am expecting a pullback to end the week. See how it goes.


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