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BYND: They’re just having a field day with shorts…seems inevitable at this point we blow off into 200 tomorrow, so I’d like to see that to consider the short trade. Ideally doesn’t get too crazy tomorrow morning in pre, and then we get an open rush into 200 and monitoring there for a top & lower high to risk off of for the short trade mid morning. If we see 200 that’ll probably send it a couple bucks over that with stops, so just be aware and don’t jump the gun. Should be a fairly easy short trade once it’s ready, you just don’t want to be early.
VSTM: This set a nice base this afternoon, so if weak open, watch for 1.60 to hold and consider it a long idea for a scalp. If gap up/open shove through 2, I’d flip bias and monitor it for the short. Basically just looking to fade the open look here.
ARQL: I think one more good morning shove to start looking short here. There’s too much below it to get excited on a weak open to chase short so I wouldn’t do that. However if gap up/open shove into 11s that’d have my attention for the short once it peaks out & gives a lower high to risk off of around there.
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See you out there!
– D
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