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Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, announced an upcoming MU update on Monday. He indicated he has taken the other side of a trade from Michael Burry.
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Redler recently noted that markets are consolidating after a strong rally, citing support levels in SPCX and trading opportunities in MU, MULL, and SNDK in a previous update. He also highlighted SPX posting a record high at 7758 and characterized equities as maintaining an upward stance in an earlier market briefing. These observations follow his current plans for a new MU update.