As professionals we all know how to handle excitement, we don’t chase it. Friday the S&P 500 held its 200 day moving average around 1282-1285 and those prepared to attack that level had a nice cash flow trade long. Some who take risk are getting rewarded this morning as Friday we did see a small reversal bar (at the 200day) and some key sectors and stocks bounced well of the lows. It was…
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