$SPY That type of consolidation USUALLY has "follow-through" after it completes in the same direction. I'm thinking we get 1 more leg down to cover @ 446.16 - 447.66. :) Well see. If the OPEN launches higher you know @ 448.86 was the bottom and the mini "V" has initiated. If we BREAK below @ 448.86 then we're looking for SUPPORT @ 446.16 - 447.66. :)
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