MarketAlly

Waiting for an entry

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I like S&P             at 1620 for a long entry, providing enough of a pullback into the Fed's comments around Jackson Hole but am just as cautious at 1675 for a short term rise. In either case, I am in a waiting position for a setup. Interesting movement around the dollar suggests that a bounce is possible should 1645 hold.
1620-1610 alignment is in target
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Still waiting for an entry as we move sideways in the channel - watching 1670 for a pullback into 1650 to make a tight triangle
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watching how 1645 is tested tomorrow
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