![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi83YTs4zGl672vqFE4xpbtk762CW5sEQJ38WwKbNLqMKmYiYvtNzs89mw9GSc0DOdRyrOyzogjyZSsX4mnW9shfa7eUYmtfFC-LbCKmGkzrWR8cdU5p3CmwBEQx2kwNwYDV1tLJgUD-Bo/s320/SPY+DOP.png)
.... is THIS really the START of a NEW RALLY??? ... The Slow Stochastic DOP (Deepest Oversold Point) suggests a potential YES, my gut says NO.
watch for the 2 day end of week BULLISH rally, thus creating the BEARISH "flag of frustration" ... trapped under the 50 & 100
hedged in a circle, until further notice.
SHORTS: $SDS, and a few leftover $AAPL 195 *puts*
LONG(s): $NTAP
the THEME: "prolonged oversoldness"
the PLAN: "get shorter, as we go higher"
p.s. Late Night LED.
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