Friday, October 14, 2022

Reversal day

Quick post, we opened lower from previous reversal, but closed much much higher, this was THE reversal that I was expecting, it was a long bottoming process.   It could be a reversal that lasts for a year before hitting our much lower destination.   If you like going long, buying Friday SPY, with a stop of yesterday’s low of 349 as a stop loss.  Good luck!

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