The System told you by breaking below the 50 sma late yesterday that a big drop was coming.
Remember I tweeted in advance.
SHORT if the s&p breaks below the 50 sma.
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Do you see us break lows by much? Can we discuss later this evening what you expect for the rest of month? Also do you think we will still get that 1 day crash this month where we go down 5-7% in a day and then reverse?
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I do admire your skills. But if the jobs report came in weak, then that 50 sma signal would’ve meant nothing. Traders may have been anticipating a hot report, as made evident by recent price action, but the exogenous effects of a cold report would have launched stocks higher. FUT
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