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April 25, 2013 New York, NY   -  2:04 Pm EST
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RE: SPY ($156.14)

TRADING PARAMETERS

On a break below 154.08 we will go short Spy with May 154 PUTS targeting the following support levels,
conversely should spy break resistance above 157.84 we will go long targeting the following resistance levels

resist.        162.88         
resist         161.08   
      
supp         159.88         
supp         159.01         
supp         157.93         

UPDATED INTRADAY PRICE ANALYSIS (SEE BELOW)

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