Peter Eliades SMC Update 9-30-20
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Comments (3)
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upside and downside makes me think sideways
It looks like the S&P could trade sideways to up for about 1 week and invalidate that last downside projection
I think the strategy here is pretty clear: play the short term upside projection then see where we are with the longer term downside projection once we get there. If we don't get anymore upside projections from there , then the downside projections may take over if they are not invalidated.
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