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This is so tough.
To play totally safe I should just cut my 1694.50 short for a loss here at 1694.75.
Taken it. closed short at 1694.75 for a 0.25 loss.
Too tough to play this today, There will be easier days.
Plan your trade, trade your plan!
I would have loved to run it for more, but not possible sadly.
Will see what we do later
Plan your trade, trade your plan!
Phew just as bludy well.
I could have closed for a point profit even but saw no reason to.
What a strange day where a WNER pull has come so late in the day.
Plan your trade, trade your plan!
1698 SPX was the LIS. It got to 1697.10 and now taken off.
One has to assume that for now 1698 held.
That leaves a real quandary now in that
- Was that the first test?
- Is a low in already and now it can take off up?
- So was all this quads crook oe and todays WNER fun and games for them
I am somewhat confused. Not normal for me as I nearly always have a plan but this action is confusing.
Personally I will be surprised if the low is in and I think this is just a minor correction of recent fall from highs of 1726.75
Plan your trade, trade your plan!
1698/9 is now resistance. Above that and its back to 1702/3 area
High was 1698.25.
1693/1694.50 is now the support to hold.
If it can it can rally.
I am tempted to long but feel I should be happy with my 2.25 points banked today.
Lets see if this is DIYD DIYD
Plan your trade, trade your plan!
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