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sp500/day trade



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good morning

the extend of the oversold condition is almost over
it will be @1157-1160 today

so  sell short1@xxxx and one @1160
stop loss@xxxx

proffit objective  1147-1150
McClullen osc broke its   lower trend line
adv/dec line is the lowest in   6 month
new hi did not increase yedterday and new lows hit  306
this is not the making of a bottom

happy trading
Ben