Lots happening right now.
1) S&P got to the high 4590's like I said. Resistance.
Right now 4599
And the 50 SMA is coming down.
We know if it breaks over the 50 and holds it's a buy and hold.
But it's good to also lock in some profit just in case it fails.
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This move coincides with great contrarian indicator bear sentiment very high bull sentiment very low perfect setup for serious relief rally
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AAII Bulls fall to 21%, lowest since summer 2020. Bears jump 8 to highest level since spring 2020.
Maybe I missed this at one point, but what are you buying when u play the S&P or Nasdaq? I’ve seen some tickets mentioned… o don’t recall you playing options, so I’m guessing just buying stocks
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believe he plays the leveraged market plays.... TQQQ and UPRO
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