When trading the s&p long/short or with options during volatile times.
Know that the 50 sma on the 10 day chart is your guide.
when the s&p breaks over it's Bullish. break below it's bearish.
Also know oversold markets are great for bounce trades.
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Quiz for the newbies.. We bullish or bearish tomorrow based off the SYSTEM
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So right now it looks like the 50 sma is probably resistance? Looks pretty even with the last rejection…
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