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Game Plan….Due to falling resistance, am an owner of PSQ. Will release the position on a 1% upside break of this line. S&P 500 and the Russell look stronger, per breaking above a similar falling resistance line.
Good strategy right now to consider is a market neutral spread. Long the small caps (due to strength) and short the Nasdaq 100 (due to relative weakness). This is a relative strength/weakness strategy, not a bet on market direction.