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I'm guessing we have floored, at least for a few hours.
IWM
*I am long from IWM 81.79. It should be okay for at least a bounce to the 10MA - which is of course falling quite rapidly..
target, by end day : 82.50/75
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SP
Sp' still stronger than IWM.
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From a cycle perspective, we're pretty much exhausted, at least for a few hours.
I will exit longs, if we can get a good enough bounce. 82.50 would be a worthwhile exit, and come back tomorrow. maybe for an even better entry lower down, before the Friday jobs data.
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good wishes..for what is..quite an interesting day.
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