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According to my range system, we have a confirmed uptrend. Downtrend is broken. That’s #1. We do not yet have a confirmed top to the first daily range in the new uptrend - meaning we haven’t had a pullback yet and it coming, either from here (which is likely considering RSI, the long term trend line and all the other resistance we just ripped through), or from higher I don’t know. But a breakout of that level will be the most significant thing that could happen. Crazy strong price action though. Literally anything can happen. But the trend is up. And when the trend is up, the job is to increase exposure over time until you’re fully invested. That’s all I know. I expect a pullback to the 50dma and whether it acts as support will be telling. As @Qullamaggie says, you can't outsmart the moving averages.

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