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Hello Traders!
What SPY did this morning
This morning SPY gapped up and traded through the gap.
Today’s price action appears to be bearish.
I would potentially look for short positions if you’re going to trade.
How did we do yesterday?
Yesterday we had many traders crush it.
The markets provided a setup and traders took advantage of this.
We had our put and call zones all marked out before this happened.
Mark then called out the trades and boom!
Then we profit.
Expect bearish to sideways action this afternoon.
The market is gearing up for CPI tomorrow.
Markets are usually pretty volatile before a big news event.
Do NOT MISS today’s trading session as we’ll probably see a BIG move pre CPI.
Always be closing!
Olivia Voz and Mark Sebastian
Disclaimer: These recommendations are for informational and educational purposes only. Please exercise caution when trading and trade at your own risk.
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