If the plan of last years high to low are in play for the Yanks it would imply a higher low anywhere between 1380 ish to 1387 on emini spx then another run up before the big down move . Last year the 2nd day down formed the low and if it does hold it u'd reckon it could go up anywhere near the 50-61.8 level which would be easy when using the June contract.
Only guessing though .
ge
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