Earlier this morning, inside 12631, I sold the final piece of my INO Long for an 11.2% win–i discussed the trade last week.
I did also, however, cut some losses in a Russia long and corn, while cashing out of wheat for a win on most of the position and a loss on a final add I made.
I am back to full cash here, as the market tried to make up its mind where it wants to go next.
Thus far, the tape has yet to tip its hand, though small caps over $109 on the ETF likely means more bouncing.
What are you trading this morning?
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I’m trading the pundit panic complacency spread