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Higher low (therefore the low was in) or not, wait and see.
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No sharp pullback in the next couple of bars then it's an uptrend day, possibly a strong one.
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A daily buy that triggered Friday looks good. now the swing sell setup today is a make or break for both of these time frames, transitional action in play. not yet trigger, this is when patience of a trader kicks in.
Patience, React, Don't predict.
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The pullback probably would be bought again. So far it's an uptrend day, weaker than I though so far though.
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Possible exhaustion bar (the big bull bar before the current bar) so might be a pullback here first which likely would be bought anyway.
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Fed's Bostic talking this morning about goldilocks. So claiming no cuts till 3rd quarter but no concerns about employment or wage growth.
Also we are due for some upside to relieve oversold pressure, not forgetting they have to give discretionary January retirement contributions an "opportunity" to buy in below the top.
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