Our reading of charts says that distribution has started at higher levels. The best way in this type of situation is to book profits on all long calls and wait and watch for confirmed signals of which way the market might take direction.
Avoid holding positions overnight either long or short. Whipsaws trade in coming days will make you mad.
The recommendations which we have given on yesterday blog are very safe bet which ever way the market might turn.
Happy Trading
Samm Inc
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