I don't think the market will come back down today like I did on Friday.
Because the 50 sma will be headed higher now because it's been flattened out Thursday and Friday and it can now move higher.
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10SMA crossed 50SMA on ES pre market, system said go long, I loaded spy calls off open. Easy 50%. Hell of a first impression for the system.
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So the slope of the 50 is relevant in regards to support/resistance? This is a new concept to me, but makes a lot of sense.
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