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Dear traders,

At this moment SPY trading much lower and if won’t be bigger changes we will see bigger gap down. Right now it is around daily 10sma support area. This is situation what I expected if we won’t see healthy move and last two days indices was up, but with small intraday range and I didn’t saw healthy daily extended action. I didn’t know that we will see gap down, but caution was open because of that possibility. We will see open action, but it is smart to not panic at the open. Most longs are already protected but if will be open under stops I will wait at least first 5-15 min. Daily 10sma support area for SPY can bring some bounce after open, but we will see. Also I like to note that I won’t be in the room at Friday (I must go on trip and I will back at Monday with usual activity).

  

 

Day - swing trade corner 

 

AYI - short trade 

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Entry price: for members

Stop price: for members

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MCK - short trade 

Trading plan:

Entry price: for members

Stop price: for members

Target area: for members

Type: for members

 

 

 

 

 

Wish you all good trading

 


 

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