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W: Market didn’t cooperate so no trade on this one today, but right back to that key 122 spot, so same plan as last two days. Long bias above 122 with market cooperation, short bias below there.
INO: Some air finally out of this pig. Can see if continuing lower, watching for any open shove into low 12s for the short. Not something I’d swing right now, they’re liable to give a BS update on their shitty vaccine at any time and spike it $1+ a/h or pre. Still very much headline risk, but algo has clearly walked and no buying interest at the moment.
AMZN: Everyone thinking this is fading back to 2100-2000, which it probably should..but may not be in a straight line. Wouldn’t be surprised to see them catch some people back higher tomorrow first, as short bias should be prevalent tomorrow. If SPY cooperating not afraid to long this.
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See you out there!
– D
Thank you