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I actually wanted to jump short on that move because the S&P had to do 2 things. It had to break over yesterday's resistance AND the 50 sma. You would think that it would fail on it's first try

8:42 PM · Jan 25, 2022Twitter Web App

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yup

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What's next?

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Especially with that kind of confluence, yesterdays high/resistance with the 50sma sitting there waiting like a brick wall sets up for a perfect short