So short term like until Thursday I still think there is still risk and it's short the failed rallies.
After the market digests the CPI on Thursday.
I'm thinking it should be time to get Bullish again and I will confirm it when we get there.
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Hoping the s and p gets at close as it can to the 50 then dragging it back down for a nice profit
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That’s what I’m seeing this morning (at least the touch of the 50 SMA). Seen a little beak pre-market but also a rejection. Curious what happens at open as it’s right below it. 50 looks very steep down so might be a fake out but also a sign to help “flatten it” to switch bullish
