Stocks can go up and down all they want, but until there is a Stocks out above or below of the 5-day trading range that price action has been stuck in on the 30 minute chart, there is little reason to get more long or more short.
Right now I am 30% long, 10% short, 60% cash. I don’t have any plans to change that unless we get that Stocks.
On the upper range, it would require SPX breaking above 2100 and on the lower range it would require a Stocks of 2086.
Until then, remain on standby.
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