I feel like this post is entirely inappropriate considering the current state of the market today, where it happens to be rallying in a manner no one foresaw at the close yesterday.
Even so, we’ve seen how many reversals this market has experienced the following day, and if tomorrow doesn’t follow through on today’s gains, we may be setting up for the same thing again.
So don’t count the bears out quite yet, all the while it should be acknowledged that the bulls delivered a game-changing blow to the bears today.
Here’s the short setups…just in case:
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