The morning gap down gave us the suggested buy target 735 for a bounce in the market to play for a scalp. The bounce was fairly orderly as we pushed up into the first hour or two and then sold off again. The selling seems to be the theme as you get the target to buy into and sell off after a reasonable 10-20 point move. No trust for sure holding for longer term so far in this market.We had a nice week of profits and would you know it all from the long side in a hugely down % on indexes in general. The pivots never lie! Thanks for dropping by and well talk with you Sunday night.
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