$SPY, $STUDY, Closed $MA on an Opinion Downgrade today and
the AM Trade was SPY150320P202, in at $6.84 exited at $7.41.
Today’s weak finish suggests that this down leg isn’t over. The
S&P is now looking at 1988, yesterday’s low, for support, followed by 1972,
its mid-December low. More bank earnings are due out on Friday. They include: $GS,
$PNC and $STI.
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