Interesting area of resistance at the SPY 141.50ish area. We did pop it once but only after Bernank promised to bury the dollar via printing. I'm wondering if this is a longer term terminal wedge or a double top the right side having been blown out by the Bernank's infinite printing comments, either or brings me back to a minimum of 1250 and below as a first target and ultimately 1100ish if it's a terminal wedge for a 1st target longer term.
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