The SPY found support and worked itself back up above the T-Line Bands but still controlled by the bears. Price remains below the 200-SMA, and the 50-SMA is kissing the 200-SMA. I have found when the market is in rough waters, and the sellers are the captain of the boat. Longs are only good for very short term relief rallies. The short trades seem to be better, but they are a bit shaky at the moment. The good news it’s Friday, and we get to count our money! Remember cash is a position.

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362% November Statement

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