The way it’s slowly moving up in the SPX resembles a 5th wave up and I don’t want to be in the way of a fast corrective Wave 2 so I’m trying to be patient. I’d rather not chase a formation that could be a 5th wave..only way I’d be sure it’s safe is if we close at the highs, but even with that we could still gap down hard..so don’t be surprised if I do nothing today in terms of trading..

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