Midday Missive

Nothing like a little Full Moon trading.

A full pattern retest in the Spu’s would see a 2626.70 retest
matching its 50 DMA.

It’s as good a level to cover shorts and play for a bounce for daytraders.

Longer-term we are following the same pattern as last year, when the Indices put in highs for
a descent selloff.

Oil has elected its FEB ORL pattern sell stops.
Price action back above 52.37 is needed for a Bear Trap.

NFLX… the low risk buy zone is just under 299.

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