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Tactical Trade Matrix

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First Call

Steep And Deep

Aug 5, 2019

Thomas Thornton

I'd like to be skiing when talking about STEEP AND DEEP but this is what is happening with the markets right now. When markets are dropping like this it's very hard to stop the momentum

Be patient as bounces will happen but this is the first of 5 down waves

Looked at some commodities that are in the US China trade war crossfire 

Took off recent October SPY and QQQ put spreads as the gains are too hard to resist

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