November Lows

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A lot of folks have said if we can push back toward the November lows, it would represent a really good buying opportunity before the big push higher. I'm starting to notice that, in some cases, we're already there.

It's hard to believe that just Sunday afternoon, the /ES exploded higher to 864. I guess that was the Inaugural Rally. We're 60 points lower than that now. I've got a small short position right now, but I'm ready to reverse it if we cross above 808.