1206 spx is all we need to know. above that and the move down from the august high was just a corrective ABC down and we are in the eoy rally ahead of schedule. failure below 1206 and the bear count lives. its as simple as that.
mr market gave me a gift today with the 100% long position in pharma sector. i do not want to overstay my welcome and will start looking for shorts early next week just in case the bear isnt done growling yet
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