The S&P held above lower pivot of 1291-1295. The low of the day was 1296. SPY held above the $129.55-129.95 level as well with the LOD at $129.99. We’ve had a decent bounce since bringing us to a tricky spot back at $131-131.30. Can you add if you bought in the hole, or if you didn’t cover shorts into major support, can you stay with them? It’s all about your time frame and…

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