Friday, January 2, 2015

1/2/15 - EOD Update

We'll see if we see a continuation of the bounce off the 20 DMA next week. Entered a long trade in anticipation of this bounce.

Hard to say with the squiggles what exactly this bounce will be. The bulls stepped in at the 20 DMA though so I'm hoping for at least a retest of 2080 even if the bears want to continue moving the market lower.

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