SPX is at some very strong resistance. Arguments are welcome.
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SPY, 15 min, ATR says: GO! We don't know where though.
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If you guys disagree with something - let me know. I'm trading a real account with these charts. Sometimes the movements happen too quickly and I can't post updates, but I try to keep the main outlook up to speed. I'm not selling anything and this is just for exchange of ideas. If I can learn something from other traders I'll be very happy.
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Friendly reminder not to fall in love with the fall. Take your profits gradually at fib levels and/or pivots.
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I have some business to take care of today and won't be updating, but if somebody sends a PM I'll answer as I'll be by the computer. It's a corp tax deadline, lol.
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before i go - not a good idea to go long here imo - caution bulls, lol
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long scalp a small one into the EOD
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at pivot, hedging to neutral for tomorrow
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I'm both long and short for tomorrow, my hedge is in the green from the last long scalp trade = no risk there. I'm expecting two directional moves tomorrow and will exploit them with my cynically ambiguous position.
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mind you guys I had the range borders drawn days ago - before there was a range, lol
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