Currently 2% short via SDS at 34.51. SP futures hit a low of 1067.50. I1 down through 6/8. The decline satisfies the criteria for breaking the 85-hour critical support (85-hour -1.65%). The bounce from this support level will be used to increase the short position.
The bounce from 1070 should extend to the 30-minute M/A below and I'll use it to expand my short.
The market has been trading time for price after slamming into the strong support at 1050 on May 25. It has been slowly working off it's oversold condition.
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