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Just wanted to call attention to the position of the equity curve on the previous pair study. It is below the RSquared line so caution is warranted. I’m finding Long GDX more compelling than TLT Short as we approach the long weekend, even though the end of month, typically bullish, is only days away. Both Project Z and the Double 3s fired a TLT Short 90 minutes in this morning. A lot of cross currents in the markets this morning so I’m waiting for some confirmation before initiating any new trade (like a surge in the NYAD).
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