I closed my open buy for FAS +9%, because I feel the S&P top has been reached. But I won't open a FAZ position untill I am sure it will retrace today. The S&P has been hanging high. Looking for 1185/80 to prove a daily retrace is true. Other wise I'm done for the day. Don't expect more then 3% in the S&P today. No plan on re-entry in the FAS and not betting on a FAZ entry until retrace happens.
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