$Spy

I hear Large accounts saying we hit the bottom of the main trend lines, and we are most likely ready to bounce and if we do we will bounce back to the main trend line they have that says no real resistance until $428-$430.

I would argue a few things on the Daily.

!. Being the fact, we have not hit the BOTTOM of the other turned which would be closer to $400-$405

2. the fact that if we are bouncing i see several places to reject WAY before we get to $428-$430.

3. Watch the levels of $417-$422 to for rejection.