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Another possibility, ranging inside to form a triangle-consolidate during the next couple days, or a week, wait all option expired? Then a huge move is expected.
6
SPY seems like is heading to the 308 level (7% down from now), where is a combination of a fib level and a Gann line. Highly possible rebound to the ATH after that to form a double-top before the election-day, or maybe keep bearish to 265 level then nobody can save it, even the Fed. What to call it then? Correction? Selloff?
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