I am remaining 100 S Fund. I think since we are at the top of the channel, the fact that we have been real bullish the last two weeks and we have met P 1
there will be profit taking at the red line. I can risk it by having some gains.
Those getting in now may have to risk a 200 EMA test but I feel there is only a 40/60 chance of that while we are still within the midterm. There is also a 50/50 chance this is an exhaustion move to the top of the channel. I will watch this another day and may take 50% out before profit taking on Friday:
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