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well, guess that's it for today. mixed seasonality tomorrow: 1st trading day of month, very bull, while NFP day, not so bull. I'd put more weight on 1st trading day of month. thank you guys, I'll see you tomorrow.
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Well.....we had a huge rally this week to just BARELY sticksave daily SPY from a bearish MACD cross. But the cross is still sitting there waiting to do. My guess is the correction has already begun and we get a good drop tomorrow to officially give us that bearish cross and give me a handful of sell signals. I haven't reshorted YET since I don't have those signals. But...its my guess.
Next stop lower bb in a week or two IMO
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23