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I bought the second drop to the 50SMA, then got stopped out when it went about 20 points under it Then I didn’t re enter because I was expecting a little more pain before the sustain rally But then Powell was asked about 75pt and said no 75 only 50 and it RIPPED
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I truly believe it was going down further. Testing 4100 at least It was rejecting off my key level 4200 and then the 50 wasn’t even holding But Powell said that ONE thing, no 75, and we just ripped.
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I swear I’m inverse to the market. When everyone’s doing well I’m slacking and when every bodies getting smoked I’m doing amazing. It’s been like this for months lol
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