Since the I1 top neither DJ nor SP futures have come close to breaking their 30-minute M/As. For me, this is key to expanding the initial position. DJ futures 30-minute, 92-unit M/A is currently 10,469 and a break will occur on a 30-minute close below 10,417.
I'm willing to trade futures until the break occurs but will keep my ETF position at 5%. Looking to short Dec DJ futures at 10,493.
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