To me the s&p was going sideways. I was hoping for some more bear market rally early and we got that.
After taking some profits you are suppose to hold some if you are not bearish unless the s&p breaks below the 50 sma. Which I did
Why the reversal down today? Why not premarket?
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Using time as a tool, I prefer the institutional hour move. The pm/ah moves were high risk.
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Because they want shares for the ride up tomorrow it's going to be a decisive day.
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