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I'm done. I'm bored. I have things to do. Enjoy your afternoons.

Those of you who are inspired to do some testing should remember that you can't short if you're long. Therefore, if you thought that a short op was presenting itself at any point, you wouldn't be able to take advantage of it unless and until you left whatever long you may have been in. So. You...

Price retests the 50% level. Is this a trade? Something to test.

1153

True. But these levels have expiration dates. Since we got way past it, the LSL is probably more important. Again, something that's easy to test.

Note price has bounced off the 50% level. Is this a trade? Something to test.

The last swing low before the DL was broken.

And that is in line with what?

Notice at what level price made this little DB?

ES is screwing everything up.

Pretty much. Now locate the last swing low and you'll be prepared to formulate an exit strategy if you haven't already. DO NOT use a line of any sort.

Jan 24th (see above)

Locate the halfway level of this rally.

This won't be going to 4500 today, so those who haven't thought about exit strategies need to do so. Like now.

I hope those who bought the DB didn't scalp the long.

NQ is way out-performing the ES. Which is not unusual.

And now you have a useable swing point and can draw a better DL

No problem. If you have to go somewhere, just place a stop and go.

Incidentally, if any of you are using the SLA, that little range is a reset. Start your DL at the LSL at 57.

Note how price moves past 64. This again confirms the importance of 64. So if 64 can't hold . . .