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He's where I had to pivot again. I first thought that buying the dip was the move to make, that the market would overcome FB drop by rotating. But I could tell when that failed and market dropped back to lows 1.5% down it was not happening today. So I got cautious/went to cash.
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Yesterday I tried to visualize what was going to happen in the days to come. I knew that Blue 50 SMA was major resistance. But the market was trading so strong so I felt it was possible to hit it. I went to cash hoping for a market drop and I got it with the FB crash.
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