Easy trade is over.
The short on the break of the 50 sma on Sep 13th was good for a drop of 200 points.
Shorting rallies worked.
Now the 50 sma is closing in on price.
You now have to get the next trade right.
They may try to fake traders out?
Have to stay on top of the trade.
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me personally, I like to have a full candle open and close above the SMA as confirmation
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at this moment, looks like it can go either way....
heads or tails?
-flat in SPY...waiting for direction....did a long and short scalp for small profits earlier-
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