System says.
1) Make sure to take profits on trades.
2) Short rallies as long as the s&p doesn't break above 50 sma.
3) If we get a short term extreme oversold drop.
That's a possible bounce trade.
Market doesn't get Bullish again until the s&p at least is trading over the 50
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Sizable movement after hours on the macros due to the incoming FED report. Fake pump? It pumped just below resistance before heading back down slowly (looking at QQQ) so far