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Thursday, April 25, 2024

Doh!

I have to get into a routine with this newsletter, I almost missed something critical I usaully watch closely. We are in an almost exact repeat of last Friday’s pattern! You can practically lay them over each other!

This will be confirmed by end of day buying but the gap from Friday’s close ($391.07) to Monday’s open ($395.10) gave everyone a nice Monday present. We haven’t challenged $400 yet so I guess that will be the plan for Monday as the traders come back from a long weekend into an options week ready to rumble!

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