Looks like SPX is at the key support level and if it breaks from here next support target is 1150-1180 region. Looking at the todays action, it looks like we will see this 1175 price before prices stables or go up. One can short SPX with tight stop at 1225. As I said it before, this is not my kind of market. I am waiting for everything to come to support area which looks like we will see in next couple of days.
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