Markets had a decent move off the lows with some of the usual suspects moving well, before fading in the last hour of trading. In the 10:15am note we spoke about trading vs. the morning low pivot of SPY $137.84. As of now we are around $138.60. I covered SPY according to plan around $138. European markets were still closed today, so its possible we didn’t feel the full effect of selling in…
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