could be breakdown then back test, I'll assume the low will be tested? Not sure though as the time is running out for bears.
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if we get a last push down, now i see the 132.10-132.25 on the 30min candles. i don't think we'll get there but will cover my remaining spy puts there.
30min left..either we close lower than 132.50 or we bounce back to 132.75 support. currently at my last resistance line here. if it fails, we should see below 132.50.
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Hi 99er, great lines! Funny I had an 'ideal' road map posted 4/1/11 that echos with this chart of yours if I read it right. Thanks for the frequent chart postings, real good stuff.
BTW, orange color line just for general ideas, not meant to pin point time/price future moves.
Ooops, right side od chart did not show, dont know why...oh well.
Last edited by DaWay on Fri Apr 08, 2011 3:51 pm, edited 1 time in total.