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The Federal Reserve will ultimately return to normal range
The long positions from this morning took losses, which is completely normal. I caught a 200-point short, and trying to short the wave is as normal as it gets.
Next, I will continue to layout long positions on the left side. My strong bullish conviction now is just like my firm bearish stance at 5100. Going long directly.
Long directly at 4760, target 4950, wave target 5100. Stop loss positioned in pyramid mode.