2) Two big drops become short term extreme oversold on July 13th & 14th each one triggers an extreme trade oversold bounce trade on the system.
Market bounces you make more $$$$$$$$!
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So let's go over some system trades from last week.
1) July 11 the S&P breaks below the 50 sma you go from long to short.
Then resistance becomes the 50 sma and the s&p fails.
Followed by a cross of the 10 below the 50 sma all negative.
The market falls you make $ take profits.
