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Stops blown out up to 1476 in the premarket...

Most of the long money has already been made on the bounce from the re/de-pression low. I think those in control want a good leg higher to rekindle the thought of buy and hold with new found proof that markets ultimately go up over the long term.

Psych! Not today

Getting ready to take out some short stops...

I am using automation to enter/exit in some cases where I am not fast enough to get the price I want for a certain set-up. Most are manual though.

My target is usually more than this, however my style is to "take what you can" and I abandon the target way more that achieve it. My stop is the same way, it's large but I get out way before it gets hit all but catastrophe cases. This is an equity curve from the first month and a half...

Out 1467.75

S 1468.25

Out 1466.50

S 1466.75

The gap at 1424 has not filled yet and is a target for a pullback.

Out 1467.75

S 1467.50

Out 1467.00

L 1465.75

Out 1465.50

S 1465.75

Out 1463.50

S 1463.75

Out 1464.00