The gap up open Tuesday morning did in fact provide a sharp bearish turn--intra day--as anticipated in the Pre-Market update last night for Tuesday.

Identifying these short term and even short-to-mid term key trade set-ups is not very difficult. Most of us have been doing this for decades and it becomes second nature. The problem is that some newer traders try to make a profitable market trade for a short term move last into infinity--they don't know when to exit.  We have seen many traders lose money this way. Another common mistake by traders is that they get into options plays in which they have no wiggle room--and end up making one bad trade after another.

Please read the notes and analysis carefully.

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