Our stock trading strategies are based on surprisingly simple yet effective no nonsense logic that is uncommon in the stock market. For our short term trading strategy we:
Buy at support;
we take small, quick profits;
and we use the 10/2 rule so that we never slip backwards.
There isn't much to add to recent comments. Volume is low and the immediate trend is neutral. Bears are betting on an S&P breakdown, which could give it support, but bulls are betting on a QQQQ breakout, which should keep it below resistance.
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