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Short $SPY and $QQQ from roughly today’s high in the Discord via puts. Maybe right, maybe wrong. Trading isn’t about being right. It is about identifying a setup, defining risk (extremely small here and wildly obvious if/when wrong) and taking a shot if you have reason to do so. The setup is there to produce a move to and through last week’s low. It is negated with continuation through today’s high. I’ll take that R/R any time 🤝

Market Analysis and Trades for 1/6
Jan 6
at
2:23 AM
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