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2026. Happy May Day, 12:05 PM
Remember to reduce your position if you added to your long at 2250 yesterday, lock in profits.
Currently, the market is also pulling back, mainly going long. It won't take long to re-establish above 2380.
First: Those afraid of missing the move can go long lightly at 2280, add to longs on a pullback at 2250. For more conservative traders, wait for a pullback to 2260 to go long. First take profit at 2340, second take profit at 2380, stop loss at 2230.
Second: When the market rises to 2330 and closes with a real body, go short. First take profit at 2290, second at 2250, stop loss at 2360.
Third: When the market re-establishes above 2340, chase longs. First take profit at 2380, second above 2410, stop loss at 2310.
Fourth: If the market breaks below 2270, go short. First take profit at 2250, second at 2220, stop loss at 2300.