We are now very close and therefore I have begun positioning in the name for a pullback.
I believe IDX will encounter some significant resistance at $30.50 and will then turn lower to the $25.00 level.
Update - I am close to being stopped out of the INTC short trade, but will continue to hold until taken out. As good as this morning looks, there is always Turnaround Tuesday to being the market back to reality.
GOATMUG
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