SSO (double S&P)

22.26 9.02 am

monthly –  have met down side targets. selling pressures hard down.

weekly – divergences at these lows. pressures up. entry price 25.57 stp at the lows.

daily – retracement bias long. previous entry price of 22.16 met the 1st objective of 26.92. next price objective 31.48. now in a pullback looking for a next long trade.   stp at the lows.

shorter cycle trade? while this can change during the day, a trade thru 24.03 will start a new upleg to some very short cycle targets 26.30/28.50/30.50.   may be a double repo setting up.

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