EvanMedeiros

Now that everyone's convinced the next lower has begun

AMEX:SPY   SPDR S&P 500 ETF TRUST
Time for the plunge protection team to magically arrive and frustrate the majority?

Thinking aloud as S&P500 trades entirely under daily Bollinger — how many traders would be offsides if a higher low gets put in around this area and we see a rip back over 3900 support?

Evan Medeiros
Founder, Trade Risk
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