I might be a bear, but there's always opportunities playing either side. I think the 5500 area could be an excellent spot to long ES or SPY.

5500 is a psychological whole number and there's fresh demand there. I'd expect a bounce there, but if not I have another target below.
Chart PatternsTrend Analysis

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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