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Thursday, August 12, 2010


- SPY off of morning lows, but below all previous support levels. The next major support is 105.0 level. Resistance is now 109.0 and 110.0. Linear Regression has gone to negative. Stochastic Oscillator not yet in oversold levels.
- Estimated Future Volatility rising and at 25 level.
- Bearish, long vol.

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