I really thought the S&P was going to break out but it tried 5 times and failed each time.
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At this point I wouldn't go long on the S&P unless there was an actual cross of the 10 over the 50 with the S&P above the 50.
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Yeah the 10 min chart tells the tale. Rode the 10 up, resistance at 200, support at 20, resistance at 200 again, 10 and 20 almost on top of each other broke as support, and then dump. Now bouncing of todays opening price.
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Bought 406 puts for .75 the first time it hit around that 4195 area... already closed them out for a 50% gain. The system lives on!!
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