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Plan: OVN is net long. LIS is 000. Above 050, 075, 100, 150. Below 980/970, 950, 925, 900 & 855. I have a bottom of a previous channel at 14100 on the 4hr chart. I expect this to get tagged at some point this week.
Plan: OVN is net long, incredible how strong Apple earnings can push everything higher. LIS 020. Above 040, 060, 080, 120 & 150. Below 000, 980/970, 940, 910, 890
Recap:
Did not expect the sell off to come that early and that aggressive this morning. 890 continues to be a major level, the market caught its breath there on the way down and on it's way back up. I updated my levels on twitter to include 860/850 and 820. We found a bottom at 820, the top of the excess from Friday's move up.
14040 Continues to act as major resistance. With the majority of the major companies in the index having reported failure to break that level could lead to the near term top being in.
