The big losers from this drop were those who stayed long yesterday when it was clear that the charts did not look good.
Especially after the S&P broke below the 50 sma on the system. It was clear then to not be long the market.
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Yeah I’ll give you that, you went short right away when that bounce trade didn’t work out yesterday. I exited the bounce but didn’t follow you short. I should have. You read the room really well in the moment.

