AMEX:SPY   SPDR S&P 500 ETF TRUST
It is shown here that there is a big volume discrepancy that had not been mitigated yet. There is low volume from the range 436-450ish. It is expected that price will continue to fall until 436 and take settle around 433.84 area. At this point, we would like to see the price spring and reject from that area. If the market does break structure, then it is safe to assume that interest rates in addition to consumer sentiment are in favor of a bear market. Be Safe!
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