A at that support suggest we could see more upside in the short term(for the coming few weeks). Fading the rally from here is a dangerous idea.
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A low volume Friday might have it bounce back upwards. Gonna keep the JNK in the trunk along w HYG, plus some other stuff (all on the shortside).
I will avoid picking up those pennies in front of the steamroller! But I do love to watch a big ass bounce. And I love watching them go down. Gotta get ahead in this market, lol.