Monday, February 8, 2016

Should we see a final push lower now

SPY fell below a major support of 187 today. Sometime this week I think we could see a re-test of the Jan lows of 181 and below is a support zone near 174. With VIX at the elevated levels (currently @26) market volatility is going to be high and market moves will be erratic and large until volatility dies down.

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