I am cash
small bounce here and continued dip towards friday is possible and maybe even probable. But just for full disclosure, I day trade/ intra day trade and despite medium term support around today's price levels, I'm out to cash already and looking to tomorrow. So if you're long because you think you're following me, the risk/reward outlook right now for me is too muddy.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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