Just another RISK FREE setup.
That bounce was worth 2% on the S&P.
Your risk was so low because there is a WALL of like a Trillion Dollars in Buy Programs at SA&P 4500.
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Here's the good part.
If you protected yourself.
The S&P is down about 63.
That's about a 100 points from the 50 sma and you now have a better setup for an intraday bounce.
