This week is Quad Expiration week. We should see a bounce off the monthly S2 pivots. The S&P could pin 1250 and 1300 strike prices. Plus we have a Full Moon this week. We usually get short term reversals during full moons.
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1) Protect your capital 2) see rule #1 3) don't trade what you think, just trade what the charts say 4) use stops on all orders 5) never let a winner turn into a loser 6) never buy R2 7) never short S2 8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!
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