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Chuck,
technically accurate, but futures keep going higher….
wonder what bears like us would do if the market breaks above previous highs..
we surely should not talk about new resistance levels on S&P above previous highs.
Avk.
When you are “hoping” for your “great short entry” do you take into account that the market has been very strong on Mondays after pullbacks? or that the week of Thanksgiving has the most upward bias, of any holiday week, going back 50 years? The best opportunity for a “Monday short” may be the Monday after the holiday weekend. Just look at last year’s Thanksgiving playbook.