Tuesday and Wednesday, institutions dumped the stock earlier in a day and reduced the exposure to tomorrow's job report. If the job number beats the estimate, market may sell-off. *THERE IS A HUGE BUT: "CNBC" just can't stop talking about the sell-off! This means we should see a pop in the market before heading down.
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damoonmotamedi
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Market sold-off sharply this morning! it cut through 20MA like a hot knife into butter. We probably revisit 20MA today, it would a good scalp trade (if you dare).