Trading quiz.
The S&P has been going up or sideways for days.
All of a sudden it drops 3%-5% quickly off news.
Do you.
A) Jump in short?
B) Jump in Long?
Conversation
Jump in long for the extreme oversold bounce then sell on the way up
B if market is at oversold levels. Depends on what the news is
Jump in long for the bounce and cash out quickly until a clear direction is made
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