3/ • A dip this far below the BlueSnake is rare. Normally prices will quickly come back inside the Snake (requires a move above ~7400) • Some traders will be very tempted to buy what look like "cheap" stocks compared to a week ago. -> Just let them (and they may be proven right). But it is risky. Traders have become used to see markets recover very quickly from sell-offs. That 'works' until it doesn't... $SPY
Reversal Levels | LunaticTraderShare
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