RE: SPX Rising Wedge Target Achieved. Potential Near Term Support

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SPX Rising Wedge Target Achieved. Potential Near Term Support

in trading •  6 years ago 

I'm looking more to mange risk on the short side than trade long. Can't find too many compelling long trades right now. Also not sure how far any bounce may take us although bear market rallies have a tendency to rip!

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Agree, we need confirmation that price once to move higher before placing long trades.