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SPX still on sale after a losing idea
why? because it finally made contact with its long term cyclical support for the 80 day cycle
Support must be shown here on SPY 0.00%↑ into Monday or the market faces a huge risk of rout to the downside.
2% loss from 400 down to 393 today was exploratory.
Its time to consider another long…
Have a good weekend
EDIT AFTER FRIDAY’s CLOSE:
Nothing but shorts for me today. No swing longs except for one idea to take TSLA 0.00%↑ long on Monday open above 152.50