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Market technicals continue to display a Bear Bias condition imho.
Therefore, I believe taking profit on SPX long positions is prudent here at 1790-1800 resistance zone imho.
Will consider re-visiting long entry if close above 1800 happens today.
Thanks Matt, Steve & James for the Spy Pro long call !!!
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Closed SPX position at 1792 on near fill of today's opening gap
SPX Mapping
Posted by mark109 on 31st of Jan 2014 at 02:28 pm
Market technicals continue to display a Bear Bias condition imho.
Therefore, I believe taking profit on SPX long positions is prudent here at 1790-1800 resistance zone imho.
Will consider re-visiting long entry if close above 1800 happens today.
Thanks Matt, Steve & James for the Spy Pro long call !!!