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Scott Redler: Reducing positions advised when 8/21-day level is broken

Scott Redler: Reducing positions advised when 8/21-day level is broken
Reduce when 8/21-day level breaks

Scott Redler, Scott Redler, Chief Strategic Officer at T3 Live and T3 Trading Group, advises that hoping, waiting, and praying are not valid strategies. He suggests reducing and selling when the 8/21-day level is broken.

Redler previously pointed to a busy earnings week for TSLA, NFLX, META, and LRCX in recent commentary. He also noted that the S&P 500 maintained 764 and identified 772 as the next key level in an earlier market update. These observations follow his ongoing focus on specific technical signals and major market events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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