Vive la Resistance

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A few hours ago, when I thought I’d get a good night’s sleep (thanks, Coda!) the ES and NQ were raging higher. They have both backed off, however, which makes abundant sense, given the pattern breakdown. The “wall” is holding well, and having gone through all my watch lists yesterday after the close (and seeing many opportunities), I believe I’m going to extend my commitment to short positions even beyond the 160% level I’m at right now.

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