LINTA

LINTA has just triggered a limit order, this two was listed on the new July/August Trades Spreadsheet. Take a look.

On the SPY, we saw the first hit of the $110 level when it was breached around 10:35, volume picked up a lot. So this is certainly an important level, if we continue lower and 3C seems to be suggesting we may bounce around the $111 level for a little bit, then the next important level to break will be $110.

When you see volume pick up on breaks of whole numbers like that, you know that there were a lot of retail stops piled up there. This is exactly why I encourage you to stay away from obvious levels and whole numbers which the human mind gravitates toward.