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Rarely bullish night!

August 7, 2013

My algo found more than ten patterns, all of them bullish, triggering for tonight only if SPY closes below yesterday’s close. If not only three are triggering and I prefere avoid the risk in that case. If it closes higher than yesterday, my internals filters will trigger a short. So I will just jump in a long trade if we see a lower close. Have a good night trading!

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