LVS, daily
Arguably, a break under 58..opens the door to a fall to 50. That is of course a pretty significant move lower, around 17%, but would fit in with the idea of SP'1340...sometime later next week.
Upside is actually as high as 68/70 - within the current channel..so, if SP' can somehow magically break 1422 by end-month...then LVS to the low 70s in May?
LVS has been relatively stable lately in terms of volatility, but if it does break just a dollar or two lower, then we could see a few 3, 4, or even $5 range days.
