Midday Missive

Shorts are pressing in the hole.

My volatility indicator is getting to a reading that simply says you should sell rallies/not breaks.

The rest of the day will be a time frame trade.

Nasd 100… traders should be aware of a possible bear trap @ 4430 level.
new lows for the move followed by a quick reversal higher is what is needed to trap the shorts.

The low risk sell in the Spu’s is back @ the 200 DMA 2071-73

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