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Dude, I’m glad I closed my puts on that nice 4pm dump yesterday. They dropped 50% in 45 minutes, recovered 100% after 4pm. Wild swing, got me back to a more manageable loss, fought the trend all day, just couldn’t believe the low volume rise wouldn’t be beat down $SPY
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Low volume rises are what occurs in bear markets. The volume does not coincide with the rise. Short squeezes. Have to be careful.
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The way I’ve been shitting the bed lately, I played safe and went long on the 4th candle after 10/50 cross. Not the best entry but still green.
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