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Tuesday, April 23, 2024

No Flash, Shorts covered

 I covered almost all my shorts Monday, as Friday or Monday did NOT get a meaningful low.
We are in an "A wave" down, following Elliot Wave Theory".  We will get  a B wave up, probably around SPY 5005-5050 range, and then we will get a major wave down bottoming in May.

So enjoy the ride up over the weekish again before the pain train returns.
I am looking for re-entering shorts in the range above.  Good luck!


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