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    Looking at the SPY yes 205.7 is right on the 50MA as well. This is an important level. The 2008 crash was credit/land price driven. The land price cycle suggests another crash won't occur until 2024-6. Hopefully this is just a correction. I'll be watching the SPY to see if the 50MA provides support at 250. The volume on the SPY was well below average on the big fall. I'll be watching for a high volume doji to appear around 250.
 
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