the whole point is that you can hardly find any instances where a market gets this close to its 50 day and doesn't touch it. And the real resistance was at 1354. This is goofy call to go cautious right now. And if we get to the 50 day, 1403 is just a few more points above that.
And yeah, I cut back because I don't like to be positioned against Ze'ev, ever. But its a very odd call, imho.
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