should be another rebound attempt here. this time could be larger.
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well, guess that's it for today. Monday has been a little bit bear friendly recently and the 1st trading day of month has been bear friendly recently. thank you guys, I'll see you in another thread soon.
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my attitude is: this is a hill ill die on. there is no way the economy is bad enough to warrant a 2008-style breakdown, which is the current bearish case.
so, if it does break down next week, i go more long.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
i cant add to positions here because this could actually be a mumtiweek trading range until bb width hits 2. so i need a clear breakdown or breakup to take action.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23