Early in the trading session, i detected strength where there shouldn't have been if my analysis was correct. Because of this, i moved my stop somewhere closer, and i guess despite the monetary loss, my decision was a correct one. It blew right above my stop and i believe this might be the turning of the market for the medium term.
The direction of the SPX now is still in long term bear, medium term bear, but short term bull. Next we'll have to see what happens when it hits the 800 mark.
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