3) 110 points oversold from the 50 sma.
We've seen 150-170 the worse during crashes so that's my downside risk.
4) My hope lays on the shorts covering before the close after their massive gains and traders making money on cheap calls.
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#1) Reason.
The market just dropped over 200 S&P points since yesterday and I only lost 12.
So my Trading has been amazing!
2) The 50 sma has only started to turn downward so it's not moving down fast which is better for a bounce trade. twitter.com/MasterBJones/s…