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Hello everyone had and Happy Friday.

Regarding the open SPY and ES systems trades, I posted a detailed message this morning on the Community - Here's a link to that post

Anyway, I've elected to take off the Strap longs for ES and SPY because of what I discussed in my post because of the potential for this to be a wave 4 bounce. The systems are technically long, I'm manually taking them off. I will post updates on the systems so you could continue to just follow them if you want or stay long and place a stop. We still have on the ES short and SPY bear long.  

my plan for next week; if the market does pullback in a wave 5 and these Stap systems take a 2nd entry, I'll reissue a new 1st entry long 

enjoy the rest of your Friday and happy holidays!

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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